@ BobA (Because the quote function hates me)
It's really not much of a surprise, console games have three fatal flaws...
1. Platforms are defined by their controls. Console games are primarily limited to those types of games that can be converted to a gamepad, excluding significant genres such as RTS, and making other genres awkward at best.
2. Consoles are dominated by sequel-itis and "Me too"-itis, because of their buisness structure. As closed platforms, new ideas do not readily enter the system because they usually come from new studios who lack the funding to aquire platform licenses, and because platform owners ultimately have control. Brian Fargo, the old Interplay dev, once complained that he presented Microsoft with an RPG they wanted to develop, and were denied a license because "We have RPG's covered for the next couple years".
3. Consoles suffer from a unchanging hardware base. They cannot innovate, because what you had on day 1 is what you have on day 1000, and you cannot introduce new techniques or features because the hardware itself is limiting over time. Today, cell phones have nearly as much memory as the 360 does.
That's why they tried to do hardware refreshes every 5 years, to avoid the hardware limitations and ease the first two problems by being able to add some new features to the same few games over and over. But, much like the SNES/Genesis era, they've maintained the platforms too long, made the same game too many times in a row, and now people are starting to get fatigued from it. So, they return to the Open PC platform that has a great deal more potential variety, lower barrier to entry, and much more evolved hardware.
Personally, I think we've seen the last generation of consoles. I don't think they can overcome the heat and power limitations of the small form factors, and I think by the time they do, tablets and multi-multicore home servers pushing screens in the house independently will have taken over.
Which is fine with me, because tablets lend themselves well to arcade type games, and I favor PC gaming over console gaming, though I do own both.