Still 2014 is the likely date for any consoles right?
The current generation really stayed long enough.
Man just the other day I had friends over whom believe ps3 is the best way to go for gaming and has the better graphics than PCs (they are probably comparing with a Office PC from 1999) , anyhow when I told them that gaming in PC is way better graphically, they didnt believe. I showed them BF3 with Ultra settings in 1440p, they said it was exactly like in PS3.
Now I dont blame them actually. The marketing really advertises Xbox360 or PS3 as the only way in gaming. Most employees in store in USA looks at you like a looser when you tell them you game on a PC. This used to happen when I was living in USA as well.
Also some of my friends are fooled that when you connect a PS3 or a xbox360 to a 1080p 42 inch Tv, it is the best looking gaming method ever. Some of them actually think that the bigger the screen gets, the better the video quality is, hence it is exactly the opposite. I do agree that in a bigger screen you MIGHT get into that game better for some people though. However not for me.
I stopped arguing few months back. Whenever someone claims that a current gen console is better than a PC visiually, I just say " Yeah man PS3 is something else "
I am sure we will have the same conversations with PS4 or the next Xbox in 2016 and on.