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Hmm, it is funny that everyone is talking about new hardware where it is actually the Software, that we are looking forward to. A new Generation would mean 2 years of "no risk Software" until the install base has grown significantly... It would be the third year of the next generation when the Software would really start to shine.

I somehow have the feeling that people are glorifying a new generation. The only console that I remember that had a really strong first year was the SNES... I mean Super Mario World and Zelda 3 were just awesome.

The more you are aching to have the next generation the more disappointed you will be when you see it next to your TV and you have the Software draught... Thats the Problem with the VITA. I could have bought one at launch easily... But there is only Uncharted and Katamari that I would have bought. So after a month I would have nothing to play and would have my new VITA just lying around. Maybe I will get it with the new Assassin's Creed. Or I will wait another year and get those 3 games at a discount price. As long as good software is not released continuously I could still wait... and if everyone is waiting for the Software flood Companies will hold back their releases until the install base has grown. Its a Dilemma and each new Generation brings it own risks