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I think this could be a unique gen in that all three competing consoles will be released during different years.

Wii U = late 2012
NeXt Box = late 2013
PS4 = late 2014.

I was already correct on my Wii U prediction when I called it back in like 08 :P

While 360 is still putting up decent numbers, Japan is dragging it down and it is still lagging considerably behind PS3. It is also a year old than both the Wii and PS3. So I think 2013 is a safe bet for MS's next console. Sony seems to be hurting a bit financially lately, and especially after the lackluster release of the Vita, I think Sony will be a bit more hesitant to throw out yet another piece of hardware that will probably take even greater losses on, at least initially.