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Locknuts said:
'The playstation and microsoft devices are increasingly getting geared more towards a longer than 5-6 year life cycle.'

Not this gen. These consoles are barely acceptable now. In 2 years people should be begging for something more powerful.

Yeah, I'm not really seeing devices that could last anywhere over 6 years max either.... I could see 6 due to Playstation may want to ride the popularity of this gen so they will have no reason to rush a system out, and Xbone may want to wait for Playstation to strike first to see what they are competing against. If Playstation doesn't announce something year 5 though, then both will strike around the same time year 6 (as well as release it later that year). Other than that, they take the risk of Nintendo (which will more than likely release a console 2017 and being on the market for 5 years and some months) having the most powerful console on the market for over 2 years. Not a great marketing strategy if power is your most attractive feature.