The Xbox and PS3 market is incredibly profitable right now (just not growing so much), i dunno what they are complaining about when they are making more money then they usually do.

Market is saturated. No need to buy new games for old consoles anymore as the ones most people have by now are sufficient. Therefore, a new hardware is required to sell games again.

believe it or not but the people that make the games are gamers aswell and want new things as they are just like us consumers. just all around more exitment and potential

Game design has not advanced at all this Generation, Developers have remedied that with focus on cosmetic things like stories and graphics. So when graphics start being less impressive attention would have to be drawn elsewhere ... thay cant have that.

Well that's what I figure, new consoles could be risky for them when right now they know what sells and can profit at it. Not saying next gen shouldn't come I'm dying to see what it's gonna be like but at a developers point of view is it not better to have the gen last as long as possible.

Apparently they can't launch new IPs without a new generation, and the market isn't willing to buy the same game much more than three times in a generation.

Yeah sales have been slowing down quite a bit of late. Good for PC gamers I suppose, but not for console gamers. The new generation needs to arrive if consoles want too survive the coming years.

http://www.gamasutra.com/view/news/174498/Ubisofts_Guillemot_New_consoles_are_overdue.php

New consoles are long overdue. New hardware brings about greater opportunities that are unavailable on current consoles. Let's look at what this current generation offered gaming that last gen could not:
HDD/flash storage, online play across the board, downloadable gaming, HD gaming/entertainment, motion controls, etc... I feel that people saying it's okay to go so long without new innovations is helping make the market stagnant. There is consumer apathy toward the current generation, and for good reason. Next gen won't just be about better resolutions and framerates, but different ways to play, both alone and together, that we can't imagine at the moment. Why would so many people fight against the possibility of new ideas for how to play games when many developers (like the one featured in this article) are basically begging for the industry to evolve? And if the industry stays exactly the same for too long, people are just going to leave.

We, the gamers and developers, are essentially being punished because the console manufacturers either A.) had too big of egos to admit that their consoles wouldn't lose interest within 5 years, or B.) care more about overcompensating on lost profits from 7 years ago to do what their job is - make new and better gaming experiences.

At the moment, I could care less about current gen and next gen, as these console manufacturers don't seem to care about building excitement for their products anymore. And developers are losing interest as well, obviously. I'm more interested in the idea of Ouya because it's something different, new, and has the lowest cost of entry from any other hardware option. They hype for that machine isn't based off of ego, but from word-of-mouth, and it's something genuine that's lacking from the rest of the console market.

I want new IPs as well as Guillemot, and many of them simply CANNOT happen on current gen consoles. New hardware, new control schemes, new online options, etc. will allow for new gaming experiences we cannot currently imagine. New options will push the console business forward, not the same old thing. Complacency has turned to apathy, which has turned developers and gamers away. Things need to change ASAP.

xbox 360 an ps3 are two profitable cash cows, game developers can milk for two more years. why rush the next console systems launch?

You should just re-read the statements you seem to be referring to, from developers "complaining" about the length of this gen. They usually give some reasons backing up their thoughts.

Take Yves Guillemot (CEO of Ubisoft), for example: "It's important for the entire industry to have new consoles because it helps creativity. It's a lot less risky for us to create new IPs and new products when we're in the beginning of a new generation, our customers are very open to new things... At the end of a console generation, they want new stuff, but they don't buy new stuff as much."

Straight from the top of one of the biggest publishers in the industry. Why do you need US to explain anything? These guys explain themselves.