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Busted said:
as long as the PS4 does 1080p at 120fps and costs $400 it's ok, but i personally doubt the PS4 will do 1080p 120fps and cost $400.

There is no need for 1080p at 120fps.  I believe ps4 and nexbox will be able to do 1080p at 60fps.  Anything higher is not needed right now.  If they don't achieve 1080p at 60fps I will be severely disappointed because they should be able to get it for $400 considering a lot of ps3 exclusives are at 720p at 30fps.