Also let's not forget that the best, cutting-edge games utilizing the latest technology are pretty much out of console gamers' reach. Consoles have a hard time keeping up with the system requirements of newer games simply because its impossible to replace a video chip (or other piece of hardware) in a console. Case in point: Crytek's new engine with soft body physics simulation will be coming to PCs soon. How long until we see something similar on consoles?
Until new consoles are released? It's not like Crytek is small company that no one ever heard about - they're well known, they have released games on current generations and I'm sure they have preliminary hardware of next-gens.
Second-best graphics card (GeForce 680) is $550 these days.
Xbox 360 was $300/$400 depending which version you chose. PS3 was $500/$600 and I really can't imagine next generation being significantly more than that.
