Both MS and Sony plan to support their current-gen consoles for another 2-3 years. At the end of that, the price will have come down, any kinks in the consoles will have been ironed out and more games will be available. I've never been an early adopter with consoles and I'm hilariously late with my PS3 purchase (night the PS4 was announced) but the reality - as you mentioned - is money, time and attention spent on more important things. People who will rag on you in any way for not having the new hotness are unworthy of your time or attention.


