What I'm saying is that the TV will still be the center of our home entertainment, that's not going away anytime soon. I could see a time in the near future where PCs and possibly laptops are replaced by tablets and/or cellphones.
Interesting observations aravenel. I think what people are figuring out is that the TV really does matter and to a certain extent - to control the TV is to control home entertainment. Linking TV content to mobiles and tablets and gaming consoles is what Microsoft is attempting to do but in the end Google will out resource and possibly outsmart them. You can see it happening in mobile, the iphone is slowly loosing its grip. They are definitely taking the back door approach...
A few things to add:
Xbox has a clear controller advantage
Xbox has built a UI that is proven and that an entire generation of gamers have been playing on - links to friends, online content, tv, internet, etc
Buying patterns in the next cycle will be as much about social aspects as they will be about graphical prowess and exclusive content:
Massive head start and edge on social for Xbox
Graphical edge to Sony although it remains to be seen how big of a difference...
Xbox 1 still looks like the console to beat. PS4 looks wonky and their online content / interface is terrible. At the end of the day most console gamers are casual gamers and they want to be able to get online quickly and play with friends.