FPS's won't ever die out as a genre. They may stop being the most dominant genre in the coming years, but that thrill we all got the first time we played Goldeneye with 3 friends doesn't dissipate that quickly. As long as there is some quality innovation in the genre they should continue to perform very well, but I personally don't think there is too much innovation that can be made, so it may slowly drift into a level of more obscurity, but never to the extent of the platformer.
My Games of 2011:
The Legend of Zelda: Skyward Sword
Elder Scrolls V: Skyrim
Super Mario 3D Land
Uncharted 3: Drake's Deception







