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Daisuke72 said:

Also, IMO they should've waited for next gen consoles till next year, could've gotten way more powerful hardware for the same price.


Hardly - the first 20nm GPUs would be too expensive for its diminishing returns on performance per watt. All these new GPUs you see AMD and Nvidia releasing have their improvements based mostly on power consumption increases than miniaturization. Go compare the size and consumption of a Geforce Titan with a enthusiast level Geforce 4 from ten years ago.

And I don't think your first propositions are going be true too. I would bet there was a net gain on resolution over the course of the seventh generation. Indeed, seven years ago you would have a much more convincing case by saying so of the PS3 and the X360 - lots of launch titles were sub-720p and market penetration of HDTVs was slower than expected. And that's on top of both consoles being memory-starved, which is very important for resolution.

So there's probably no reason for resolutions to go down. The opposite seems more likely, specially from first-parties.