To be honest i don't see why either the Xbox One or PS4 will ever go back to 720p. Both GPU's are pretty much designed around full HD. 30FPS on the other hand will probably be the norm for the more graphically intense games.
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Would be nice. Considering many games this gen run SUB x720 native, you would expect to see that as the ABSOLUTE floor. But it seems like competition will make x1080 native resolution the new standard.
Also,
"...but just as with this current generation, enjoying every major game release is still set to be the preserve of a multi-platform owner."
Truth. It's about the games. I will mostly likely own an Xbox One, just not on launch day. I want to see how all the DRM stuff pans out IN ACTUALITY.
PS4 is a maybe this year, depending on final launch line up reviews. Wii U once Mario Kart 8 and/or a price drop hits.