"Pacman" Reckons We Won't See Next-Gen Until 2013.

[quote]
"We do not expect the ‘next' generation to begin before 2013, if at all."</blockquote>

We'd expect the Playstation 3 to outlive said date, given Sony's history with developing systems that last 10-years or more.

He does think that we'll see an upgraded Wii by the end of next year, but certainly no "new" systems in 2010.

Pachter expects software sales on current systems to increase year-on-year for the next 5 years.