Dude, that’s because you’re comparing current gen’s graphic to computer’s graphic with latest graphics card and do your research buddy, because current gen console has been around for only 5 years(Xbox 360 alone for 6 years).

Even if they release new console next year, due to console parts costs and all that, the best they can do is to use somewhat low to middle Radeon 5000 GPU for the next gen and with it, there won’t be big difference compare to current gen’s graphic.

People tends to often mistake if new console is being released it’s going to have comparable graphics to latest GPU, but heck no, that’s just being wishful and being silly.

Also, Sony clearly said they’re NOT going overboard with specs like they did with PS3 and Microsoft is also thinking of having interesting console for the next gen rather than any power house consoles so don’t even dream of console having comparable graphics to PC any time soon, that’s just not possible.

“there won’t be a big difference in graphics”

dude, the current gen hardware is 7 years old… recent hardware is FAR superior.

In my mind, it just doesn’t make sense to have new console out as early as 2012 since there won’t be big difference in graphics compare to current gen and I’m not really impressed with Wii U’s graphics either.

Sure Wii U’s graphic seems to be better than PS3 and Xbox 360, but it’s not even close to day to night difference(from the videos I’ve seen) and I feel that PS3 and Xbox 360 could still stay competitive against Nintendo’s new console.