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Dr.Henry_Killinger said:
Good games take longer times, short generations = less good games.
Its that simple.

Shorter, 5 - 6 years is fine between generations. 4K is just starting now, by 2019 4K VR should be possible and sub 1080p upscaled to 4K won't impress anyone.

Good games are sooner hindered by old tech. As long as the next gen doesn't go to complicated exotic hardware it will only make development easier.