I jumped into this gen kind of late and honestly, it was probably for the better. I've caught up and played a lot of great games. Complete editions for half the price they were at launch with all DLC included.
Next gen reveals show a lot of promise but I am in no hurry to fork over $6 - $700 (console plus games and DLC crap) to go next gen. Not to mention the extra I would have to spend on a HDTV since I am almost certain next gen consoles will be strictly HD support at the minimum.
The technical hiccups PS3 and 360 experienced at launch like the LOD errors also has me concerned and cautious of pre ordering. I am hoping current gen support continues for at least another year or so.
I like nice graphics but I am not a graphic whore on the level most gamers seem to be at noticing draw distance, screen tearing and fps so I don't mind playing scaled down versions of next gen releases that are coming to current gen in the meantime. I'll probably get a PS4 in another year or so when the catalog builds up and they work out all the kinks.
The whole social gaming, facebook crap also deters me from boarding the hype train. I enjoy co op and multiplayer, but not to the point where I want my phone sycing with my console asking me to create a facebook account or my gameplay being automatically recorded wasting HD space.
I'm sure there will be options to disable these features, but with so much focus on social gaming and DRM rights being left up to the devs, I prefer to wait and see what tactics devs will employ and what else awaits besides better graphics.
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