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I think longer gens are healthier for the industry at large.
Install base with access to games = more sales of games.

It also helps with how long developement times are, it would suck to only be able to get 1 or 2 games out every gen, as a studio.

I think the PS4pro & Scorpio will prolong this gen abit.
Im expecting it to last until atleast 2020, and I dont see that as a bad thing.

 

Shadow1980 said:

Overall, though, the PS4 & XBO are still enjoying a better overall price in inflation-adjusted terms than the PS3 & 360, especially during the holidays with temporary price cuts and other promotions, and as a result they are selling at a much faster pace overall and thus they should peak earlier. The PS3 & 360 peaked in their fifth and sixth full year respectively in the U.S. I have a feeling that the PS4 & XBO will both peak next year, which will be their fourth full year. Meanwhile, combined PS2 & OXbox sales are already passing their peak, and the cumulative aligned LTD lead they have over the PS4 & XBO will start to shrink in the coming months. And since they'll peak in between where the PS2+Xbox and PS3+360 peaked, this could result in a slightly shorter generation than last gen as sales will start to enter their terminal decline phase earlier. While there was an 8-year gap between the 360 & XBO, I think at most we'll see a 7-year gap between the PS4 & XBO and their own successors, that is unless their upgraded 4K models help extend things a bit. I fully expect to see a PS5 announced in either 2019 or 2020.

EDITED TO ADD: I forgot to mention the Pro and Scorpio. They are wild cards here and could serve to prolong the current generation beyond what one would normally expect given that the PS4 & XBO are likely to peak earlier than the 360 & PS3. I made some comments about them below in the thread.

the intresting part of this thread was the "what it might mean for this gen" part for me.

I agree 2017 is probably the peak year for both systems.

I also suspect your right about the 7year's until PS5 launch (in 2020).... depending on how successfull PS4pro & Scorpio are, and how far along proccessing nodes for manufactureing have come by then. Its possible its delayed until 2021.