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This whole discussion is stupid. What makes a generation is not up for debate. If people want to define it in their own head differently that what the rest of the world does, no one can stop them, but generations are easily defined by most of the world. For those struggling with it, I pity you. The way the rest of us define it is:

http://en.wikipedia.org/wiki/Video_game_console

So most of the reason for any debate comes from the recent release of WiiU and detractors saying it isn't "8th gen". Yes, yes it is. Now, if you want to say it's an 8th gen console that performs like a 7th gen console from MS or Sony, fill your boots. But it is an 8th gen console.