Not really related to any of the comments in particular so far, but I think it's pretty obvious that Microsoft's new console will be coming out in 2011/12, but that Sony will hold off as long as possible (until 3rd party support is completely gone). Microsoft still has quite a bit in the way of cash reserves, while Sony is suffering considerably. I think the real question is not if the market can support the Wii and 4-nonlead consoles, but if they can support the Wii and 3 non-lead consoles (since Sony won't be launching the PS4, even if Microsoft moves onto the next generation in 2011/12). If the games for the 720 can go multiplat onto the PS3 (while still not being 360 compatible), I think that's possible, but otherwise I doubt it. In any case, the 360's lifespan will peter out 2 years after their next console goes to market. The PS3's fate is the one that we should be talking about.
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