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joora said:
Ah, the xbox720 and PS4... I hope that people here are aware of the fact that, if MS and Sony want to launch a significantly stronger console with a similar control scheme in one year's time, they would have to either jack up the price to $500-$600 (which went great for Sony last time) or sell the console at competitive price, but with a significant loss (which I doubt Sony could handle once again, only maybe MS).

Wrong. A $400 console sold at a loss could easily outperform current-gen consoles in every area.

You see the Xbox 360 is currently selling for a hefty profit, I beleive even the $199 4gig model is making Microsoft money. The PS3 is a different story, with the Super Slim I believe Sony is now making a pretty good profit as well but not as big as MS. The only reason the PS3 is still $250-$300 is because of the tech used inside the console, it is expensive.