Are we ready for the next-generation of consoles? I don't think so. Microsoft really rushed their Xbox 360 out to market, and I don't agree with the dual pricing strategy they've implemented. Plus the Xbox 360 (and the upcoming PS3) are just too expensive. I am not going to spend $300 or more on a videogame system. That is why I am sticking with the current systems, PS2, Xbox, and GameCube.
The Revolution is said to be more like the GameCube or Xbox 1 in terms of the technology it uses. Nintendo isn't spending millions of dollars developing a new processor, and they aren't putting useless multimedia features into the console. They are just sticking with what they do best, making great games.
I think the new versions of Xbox and PS3 are simply too much. Microsoft has released an overpriced console that is a marginal improvement over the Xbox 1. Sony is putting everything they have into the PS3, practically making it a supercomputer. I think both Sony and Microsoft need to cool things down and simply focus on games.
That is why I am uninterested in the PS3 and Xbox 360. They offer too many features, they're too expensive (anything over $250 is too much for me), and they offer nothing new to the videogame industry besides enhanced graphics.
That is also why I appreciate what Nintendo has done with the Revolution. They are making a low-cost console (meaning it will be cheap to manufacture and cost much less than the PS3 and Xbox 360), that is completely backwards-compatible with virtually every Nintendo game ever made, AND they are offering a free online service that is easy to use and fun for all ages. Plus the controller is incredibly innovative. Nintendo is definitely taking a bold step by creating this new controller. It will hopefully encourage game developers to create more imaginative games, like the ones seen on PS1 and N64.