Oh dear, it's another "[X] games are dying! RUN FOR YOUR LIVES" thread. I guess that's the flag to show that we really are into a new console generation. I'm going to sound old for saying this, but people have been doing this for about as long as consoles have been around (which actually predates the internet, if you can believe it). Every single time a new wave of consoles hits the market, the doom-criers come out of their hideyholes and shout that this part or that part of the gaming community is DOOOOOOOO*gasp*OOOMED!
Beh, whatever. I'll throw my two cents in (though I expect change back).
I for one look forward for the time when we hit the graphics ceiling. It's been a (console) generation or so since graphics became one of the major driving forces behind creating new games (yes, watching the graphics upgrade has been a fun pastime of the console evolution, but it shouldn't be a driving force of MUST PRODUCE NEW GAEMS), and I'm kind of tired of it. Graphics has never really been all that interesting to me - sure it's nice to see pretty pictures, but they I don't see them as a particularly big deal as far as the overall gameplay is concerned (one of my favorite games of all time is Earthbound, for crying out loud). However, a lot of AAA studios have been kind of skating by on really pretty graphics to get away with some sub-par (or, at best, mediocre) gameplay; I look forward to the graphics ceiling coming around to hopefully put a stop to this. Maybe then we can get back to games that are interesting for their story and gameplay, and not just because the game makes the pretty pictures on the screen.