What will be interesting is if only one of either Sony or MS appease Epic. Would Epic only support that platform (along with PC obviously), or primarily, or would it have little effect at all?

not fixed, just some devs don't bother making better versions, with next gen consoles I doubt that will be a major problem. Games look great anyway and they will look even better in the years to come. Not to mention with fully dynamic lighting and tesselation making games look better on stronger hardware will be easier as improving it will just be pushing up a slider in the engine.

Seriously, its been 8 years since this gen started, I definitely want a future-proof console that will last another 8 years, not one that will be underpowered and left in the dust 2 years from now.

get a PC.

I already have a custom built gaming PC. But I like consoles as there are many games that are on consoles which are not on PC. Plus updating the pc every 2-3 years is not something I enjoy doing, which you don't have to bother with on consoles.

I personally want to see longer single player game modes they seem to get shorter and shorter, gameplay should come first, too good an engine great graphics but then less space on disc for the actual game!!

Epic should release a console. They might think twice about what they are demanding then. Though personally I would like a really powerful console since money is no longer really an object for me in regards to video games but for the tens of millions of other still in school etc it would be grossly unfair.

I really don't want this to happen to be honest. Development costs just keep going up and up and up and more studios are being shut down for failing to recoup costs even when they're putting out critically acclaimed, mildly commercially successful games - the kind of things that would have kept them in business in previous generations.

Plus, I doubt Sony could afford it anymore. I reckon they're going to go back to the PS2 model of less-powerful but trying-to-secure-exclusives that gave them all their success, they can't afford another expensive juggernaut of a console. If they lose Epic again it'll be a shame, but no real loss since they've never really had much support from them anyway.

Oh? Care to share your details on the Wii U's GPU and CPU?

You seem like someone in the know from this statement.

I agree, we would like to see better looking games but how much better? and at what cost?. I never pay moe than 300 dollars for a console, I rarely pay 60 dollars for a game, but I like to try new stuff not buy very similar FPS, highly linear Adventure games, or cloned action games and I think part of the risk taking companies are leaving the console market because is already too expensive to produce high graphic level games now, I don't want to see what could happen next gen if the machines are just too powerful.