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d21lewis said:
I mean, I think they could have squeezed a little more out of the N64 too. Of course, no matter how much that console was optimized, it would never have reached Playstation 2 levels. The PS3 and even the Xbox 360 could do more but they aren't going to reach PS4/Xbox One power. I guess the time is right for a new gen. Some people felt that it's way past time and wanted the new consoles a year or two ago. For me, I'm still okay with gen 7.

I'm tempted to impulse buy an Xbox One but no backwards compatibility is really an issue for me.

Don't even think about snatching an X1 yet. I would still stick with a 360 or PS3. The biggest games so far just happen to be on the last gen consoles too.