Every generation, consoles get more and more powerful, though it seems to me (maybe I'm wrong) that the lifespan of each generation is more or less the same. Don't be quick to point out that the PlayStation and SNES had games coming out for them even though the next generation consoles were already released though, no smartasses 
My point is, the more powerful your console, the greater its potential. And with the GameCube, PS2, and Xbox, it seems to me that there is still lots of time to go for them to be better/fully realised in terms of their capabilities. Though with Xenon launching at the end of this year (supposedly), and the PS3/Revolution launching a year after, I feel that it seems sort of early for a new generation.
I dunno, but frankly I'm quite happy with the current consoles, and I wouldn't mind waiting even another 3 years for the next generation. Xenon's launch this year however will definitely make us just want Sony and Nintendo's latest offerings that much sooner. Just saying that if nextgen consoles weren't expected for another 3 years, I wouldn't really care. Games like RE4 look great, so who cares
Of course, PC games which look better and better from month to month will make the waiting that much harder, so perhaps the next generation's arrival is actually on schedule.
Still, I'd love to see the current generation last a little a longer.
My point is, the more powerful your console, the greater its potential. And with the GameCube, PS2, and Xbox, it seems to me that there is still lots of time to go for them to be better/fully realised in terms of their capabilities. Though with Xenon launching at the end of this year (supposedly), and the PS3/Revolution launching a year after, I feel that it seems sort of early for a new generation.
I dunno, but frankly I'm quite happy with the current consoles, and I wouldn't mind waiting even another 3 years for the next generation. Xenon's launch this year however will definitely make us just want Sony and Nintendo's latest offerings that much sooner. Just saying that if nextgen consoles weren't expected for another 3 years, I wouldn't really care. Games like RE4 look great, so who cares
Of course, PC games which look better and better from month to month will make the waiting that much harder, so perhaps the next generation's arrival is actually on schedule.
Still, I'd love to see the current generation last a little a longer.