Your forgetting AAA games cost way more to make, devs are gonna play it safe and come out with their game on every console they can make a profit on, its way more risky now.

You are right
1-old gen still sold well before next gen was announced
2-old gen still expensive so a price cut would boost old gen more longer
3-Third party released a lot of cross-gen games

Nope, I'm tired of the 7th gen.

Next gen came at the perfect time.

Wii a worse idea than Virtual Boy? Wii Music? LOL

A lot of people make a big deal about a supposed massive power difference between PS4 and Xbone but at the end of the day they are both pretty underwhelming power wise. But even if they were both dream hardware machines, you'd STILL have cross gen games, and you'd still have 1080p or lower res and 30 fps. With more power cones more push from developers. They will still see a tradeoff between higher res/ frame rate and more beautiful games and take it.

Last gen was too long though. I am ok with weaker hardware if it means we see even a little bit of stuff we couldn't see last gen.

This.

The Dreamcast and 360 in their infancies were serial cross-gen port ambassadors. It just so happens that this gen, two systems with significant mass market appeal (let's be serious here, the 360 wasn't being taken seriously as a major competitor until $599) have been released simultaneously, so both will be suspectible to it.

But they couldn't.  You want to play BF4 with only 24 players?  Be my guest, but the rest of us will enjoy our 64 player battles.

There were TONS of them, and yet some people here act like this is new.  LOL some people have no long-term memory...

Saying motion control was a fad is just dumb.  Both competitors copied it after a couple years and the new 8th gen consoles all use it now. It is the standard now, and will be even in the 10th gen.  Same as the fad of rumble.

ya i agree, Wii U had a horrible post launch drought with almost every exclusive getting delayed. They should have supported Wii a little longer by having New Super Mario Bros U (renamed NSMB Wii 2), Pikmin 3 and Lego City Undercover as late life Wii titles and delayed Wii U to Fall 2013. Major launch exclusive could have been Super Mario 3D World, Wind Waker HD and Nintendo Land, this would also have allowed them to release the Deluxe bundle at $299 from the start.

The majority of PS4/One games are either remastered ports or cross-gen titles, if they waited until this fall to release then we could have seen more exclusives and 8th gen only games hit these consoles.