The gap between the NES and SNES was 5 years, the XBox 360 has been out for 7 - I think it's fair to say this is an unusually large wait for the next gen.
I don't know how you can say that this generation of AAA games is the prettiest ever seen, and also say that Crysis is the gold standard - this is kind of my point really, things have stagnated. Games run faster and faster on "current midrange hardware" (however you care to define that) but aren't really looking much better.
Your points on the video game market massively diversifying are extremely valid though, it's true that the disposable income upgrade-chasing 20-something is no longer the most luctrative or important demographic.
I don't know how you can say that this generation of AAA games is the prettiest ever seen, and also say that Crysis is the gold standard - this is kind of my point really, things have stagnated. Games run faster and faster on "current midrange hardware" (however you care to define that) but aren't really looking much better.
Your points on the video game market massively diversifying are extremely valid though, it's true that the disposable income upgrade-chasing 20-something is no longer the most luctrative or important demographic.