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Who cares when a console is announced.

Project: Reality (aka: the N64) was announced in 1993, the Super NES was barely *two years* old at the time.

Did we cry about it? No. Stop acting like a baby. If you want a console that's supported for 5 years from end to end, then wait a year and see if it's financially successful. And only buy the system's that are successful in the first year. That's the only way to really know. 

Or you can just be a normal person and enjoy the games that do come and stop worrying about a freaking predisposed time limit you've built up in your head that a "successful" console has to be.