So, I just wanted to ask the VGC community what you think about all this. How powerful will the PS720 be, and how much will they cost and when will they be released? And how much, if at all, will MS/Sony lose per sold console?

The rumors about the next gen from MS and Sony keep on coming, so they must be near now! So I thought I'd ask all of you what you're thought is about all of this. And try to be realistic! You only look stupid if you're saying that "PS720 will be 100x moar powerful than PS360 and only cost $300!!!1!" That's stupid and you know it. Try to be realistic.

Fire away!!

I think they'll release this year, somewhere between October and November, they'll both cost around $400 (give or take $50) and definitely be more powerful than Wii U - but not as much as PS360 was to Wii. Sony will probably take a hit of $50/console - not more than that! - but will try to break even for every sold system, and they'll try as best they can to integrate Vita with the new system in some fashion. MS on the other hand will bundle x3ox with Kinect2, and take a hit of about $100/console, alternatively, they'll have 2 SKU's; one with the Kinect bundled and one without and costing $100 less.

Xbox-399 or 449. (not sure how much the bundled kinect will cost)
Ps4-They pretty much HAVE to aim for a 349 or 399 price point.

They'll release this year. Not sure on Xbox because of the subscription thing, but PS4 I can't see being over $450. They don't want to touch a high price after their last system. They will most likely stick with a basic controller to deliver a powerful console. I'm thinking 1080p 60fps 4gb ram with basic controller and selling around cost at $400 or $450. The difference is they'll both launch this Fall and PS4 won't be $600 and will have some big exclusives around launch (GG, ND, MM, and Suckerpunch will have something within 6 months and a couple at launch).

I think both will launch this year, and both will be fairly expensive to start. Both Sony and Microsoft will milk PS360 for at least one year and present their new systems as elite options. I think minimum $400, though $450 or more is very possible for straight up cash purchase. MS will likely try to hide the high price with a subscription. Both companies will sell at a loss. If sony incluses a WiiU-like tablet pad, costs will go up. I think both companies will be OK with starting sales slow, then increasing over time as PS360 die.

As far as "power" goes, it's hard to put a number on such things. The CPU's will be increased, but the tangible benifit is marginal to games. The GPU's will be much better, but the old GPU's were already pretty good. There is a pretty solid rumor out there from former AMD employees who are being sued because they leaked info about PS720. Since they are being sued, I expect they were telling the truth. The rumor pegged the graphics cards as being somewhat modest by current PC standards, which is to be expected. They would fit somewhere above WiiU and below top PC's. The RAM is a big question for me as it can have a big benefit to games and open up some new possibilities. I would expect at least 4 gig, at most 8. Either way you are talking a minimum of 8X the room to work as what you are seeing on PS360 which is pretty dramatic.

So my wortless prediction is $499 systems, with MS offering a $299 price with costly subscription. XBox - 8gig RAM. PS4 - 4gig, but a slightly more powerful graphics chip. They will be similar in power and cost, upwards of 8X as powerful as PS360 and 2-4X the juice of WiiU.

hopefully but I think if PS keeps the controller basic they will get it down to $400 if they don't have BC.  I would love a BC model with a bigger HDD for $100 more.