seems exagerated but bets are still on the PS4 winning the race, and microsoft eventualyl dropping out after they are done throwing money around.
I'm thinking a repeat of the 6th generation: PlayStation will completely dominate the gaming scene; Xbox will have a respectable showing, but wind up on life support in Japan; and Nintendo's offering will have slow sales but be full of cult classics. But I do see Valve playing a part with their new Steam Machine.