Disappointed by the lack of BC with PS3, but I won't be selling my PS3 any time soon though. Games wise, not much I'm looking forward to, save Watch Dogs. That game, since E3 last year, has been on my 'watch' list since it was announced! Fact that its getting first jump on the PS4, makes me go "OMFG" <3 Cause it was just so beautiful.

Deep Down, looks to be a NexGen MH type game from Capcom. If it is, then I'm sold!

no gameplay real footage... and almost all the "Features" would be served just as well on a PC.. why do we need consoles again? :P

Exactly. Sony shouldn't be trying to create a glorified, locked-up computer.
They should be trying to outdo this console: http://en.wikipedia.org/wiki/Ouya

Honestly I was psyched to hear more about the PS4 and the new controller until they said "oh we just slapped on a few things and call it the Dual-shock 4" and then the greatest disappointment was the shenanigans of "so we made the PS4 using PC parts and base it all off and utilizing a PC overclocked GPU and CPU yet we will slap Sony on it and call it a console". Don't get me wrong, its nice to see that in a weird way the PC market could see this as a boost and that the console market realized it needs to finally compete on that level, but if they are going to do something like this? Well then all it just became a locked up computer that you can't upgrade yourself for the possible price of buying something (a computer) that you could upgrade as time goes on lol

without swappable hardware and software... the console will never be able to compete in the same market.
It is like an EeePC, mediocre on release, but terrible a week after its done.

*rolls around in horror as you mention that name* shame on you! Never speak that name out loud for fear of awakening that degenerate back to life XD

I own one, and i now have it setup as a web/mail/DNS/murmur server :P

Well least you recycled it... Though why turn it into something like that I will never understand why XD, but like I said it gives it a purpose rather than sitting around

the device is low power, meaning it acts as a decent server without consuming a ton of electricity :P

Well that works out. Eventually going to do the same with an old Gateway I have as just a KDE storage/media server.

http://www.youtube.com/watch?v=0rJDn0jRnUQ

No backwards compatability, and the specs of both the Xbox Durango and the PS4 are very lackluster.

Unreal Engine 4 was shown running on PCs out currently 8 months ago.

If you break down the PS4, it'll be able to play games at 1080p at high settings.

By high settings, i mean:

Full resolution textures
Antialiasing
Anistropic filtering
Long draw distances
Tesselation
high quality physics effects

But at the end of the day, it's an AMD Jaguar APU with 4 "modules" and an ATI 7xxx series GPU with a unified 8gb of GDDR5 memory.

Is it a huge improvement over the current generation? Sure.

But it fails to impress when i've got a big steam library, a potent HTPC attached to a 55" LCD and an Xbox controller hooked in for Big Picture Mode on Steam.

I think this generation will be swept by the SteamBox and casual mobile gaming(Android / iOS)

Forgot to link the Unreal Engine 4 demo.

https://www.youtube.com/watch?v=acR4n6lJEdQ

Yeah, the more I see and read, the more I'm convinced that this will be the last console generation, at least as we know them. The PS4 will be beaten in performance by a upper-end gaming PC by the time it comes out, and it'll only get worse from there. Plus, I don't claim to have my finger on the pulse of the industry or anything, but it seems like a fair number of developers (and probably publishers) are getting tired of the closed ecosystem of Sony/MS and all the bureaucratic BS that entails. I mean, having to pay MS to issue a vital patch that then has to make it through their month-long QA process is a PITA. I feel like there's a push in the computing industry toward open platforms in general, and Steambox could potentially benefit from it, as it would be considerably more "open" than the incumbent consoles.

Then, there's the fact that the overall graphical improvement isn't going to be as striking as in the last two generational shifts, and the pressure from tablets and smartphones.

So yeah, I don't think things are looking particularly up for Sony, Microsoft, or Nintendo.

Stick, the PS4 is severely beaten by a midend gaming PC NOW, let alone by when it comes out ;)

But i agree with all of your points

I think I missed that event, never even heard of it until now. ;^^ Though, to be honest, I'm not really looking forward to the PS4 or other next-gen consoles right now, due to a couple of reasons:

1. Student budget from college life in general (I'm lucky enough to even be able to afford the upcoming few games I've made pre-orders on, let alone a brand new console)

2. Still have games from even previous gen-consoles (mostly PS2) that I'm wanting to finish up on at some point. Doesn't help that I don't have as much time for gaming as I used to either (college, work, etc.).

That said though, I'll keep an eye out for further news about the upcoming consoles and games...see which ones look the most promising. Watch Dogs and Deep Down are looking pretty good, in particular.