i hope there will never ever be crap like the PS360 generation that made everything stagnate for almost a decade.
The whole generation made me not want to play games anymore because everything ended up in mediocricy and looked the same. And squeezing every extra bit of visual out of the hardware became so expensive that companies like THQ died and that the focus was on squeezing every little bit of visual detail out of the game and not on making a good game. Or being okay with 15frames per second so that your game can still impress visually (stupid devs)
People getting used to 8 or so years of stagnating visuals then resulted in the same people being happy about how "awesome" games on the new underpowered consoles look. We got slow netbook processors and mid range graphics cards for our new systems that made them out of date the day they were released.
A 5 year cycle is the best thing.
The only thing I would accept is that if Nintendo would make somethng like the N64 where you could upgrade the RAM but this time let people upgrade more stuff! Then you can make games have the NORMAL visuals for the original console and then HIGH visual settings for people that upgraded to more ram etc
