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FIT_Gamer said:
My question is if these console aren't launching until 2017, how long do they plan on dragging this generation out?

I think the real big thing here is that with these "mid cycle" revisions they are doing away with "console generations" as we know it. 

By 2019/2020 I will not be surprised at all to see a PS4(Trinity) with 2-3 times the power of the Neo just like the Neo is 2-3 times more powerful than the base PS4. Taking this approach allows Sony and MS to keep the most important thing of any console cycle, their userbase. 

It also brings to consoles something that has been in PC gaming from the dawn of time..... Gaming presets. Only difference here is that while on PC you choose the presets in a menu and set it to what ur hardware can handle, now you choose the presets by which version of the console you buy. 900p-1080p@30/60fps, 1080p with 4k support at 30/60fps and native 4k@30/60fps versions. All the same games, just different presets.