next generation games consoles

That doesn't need any new hardware, just a cheap scaler chip like ANA in the 360, so I very much doubt it's just upscaling 480p content.
 
I'd say a fair few years yet.Certainly not before 1012.
Simply because it won't make sense for companies to spend money developing a new console and then try to sell them when a lot of people have little money as it is.
The PS3 is struggling a bit due to it's price.
I think the main aim will be get consoles selling fairly cheaply,sell a lot and then concentrate resources on making and marketing quality games.
 
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