as soon as Xbox 360 officially launches on Nov 22, it'll become the current-generation Xbox. whereas the old Xbox will be concidering 'last generation'. we can also refer to the third generation of Xbox which is 5 years or so away, as the next-generation Xbox.
November 27, 1998 Japanese Dreamcast marked the beginning of the current generation, and now November 22, 2005 marks the beginning of the new generation.
and no, the new generation does *not* start with Playstation3
November 27, 1998 Japanese Dreamcast marked the beginning of the current generation, and now November 22, 2005 marks the beginning of the new generation.
and no, the new generation does *not* start with Playstation3