Don't worry there are still like 3 years MIN of this generation and if you have a PS3 you still have 8 years ;)

I have a theory that Ralph is a  fanboy because he is a retard. And he likes boys too, confirmed in the simpsons movie.

Haha, oh yeah, that's right! :p PS3 will last another 8 years according to Sony, I ought to get one!

Well, if nothing else, we should see the Wii keep going strong, Energizer Bunny-esque, for another 6 or 7 years before it really gets into decline. That is, unless somebody disrupts the Wii, which is a tall order in an industry where creative ingenuity is about as common as singing clams. Though if you've thrown your lot in with either of the HD Twins, don't expect that kind of longevity from them... Disrupted products tend to fade pretty quick, on the whole, or they limp along in the shadow of the disruptor out of sheer determination.

I think this generation had the smallest 'jump' from the previous ones in terms of the "HD" consoles

I invested 1000s on my PS2, but now it doesn't even work. Though the games still due,[Games] which make up most of the spendings. It felt as it lasted for only a month or so, but I had to continue. Yes, indeed it felt as a short time period.

Everything has to come to an end, even if you don't want it to.

I am not worried, i think this generation will last for quite few years more, Sony have lost billions and they will try to keep PS3 around as long as possible (it wont be determined by them at the end). The 360 is doing extremely well, it did cost MS a lot to put it in 2nd place and create a brand in the World so with PS3 not doing that well they can stay around for longer then people expect.

And Nintendo wouldnt want to end their domination just like that, Wii will be around for ages.

For portables, that's a better question, New DS and PSP might be coming soon (2010?)

last gen should of never finished, it was the greatest gen ever! so many good games. this gen is the one that sucks, square enix have yet to release a game for the ps3, and thats just retarded.

 So true. Last gen kills this gen big time, unless you were a die-hard Nintendo or Microsoft fanboy.

 You can blame the "jump" to HD graphics.