Yeah, no. I don't buy this as indicative of anything the PS4 or NextBox will be even remotely capable of.
We're not getting Ivy Bridge i7-level CPU. Nor do I buy for a second that Sony or Microsoft will put in the GPU equivalent of a 7870, when that's at or even above the top-of-the-line performance of the best notebook GPUs. The most plausible HD 7000 series rumors I've heard have been a gimped 7850; the full retail version of that performs anywhere from 20% to 50% below the 680 depending on the game. And unless we're getting 16GB of RAM, games with texture data alone that takes up 2GB of RAM will be an issue. The OS and services of modern-day consoles are far more of a factor now than the bare-bones stuff we saw even last generation.
The price of consoles with anything like the kind of hardware used here would be ridiculous even without consideration for size or power draw. Putting that into something with the size and power consumption of a console at a non-stupid price range is not happening.
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