Most people are fine with the 360 and PS3 now. They know the seventh generation is a living, calm thing that won't hurt the wallet.
well naturally the 7th gen isnt dead. Hell, to many, the 6th, 5th, 4th and even older arent dead. Just because a new gen of systems comes out doesnt suddenly invalidate the previous ones, and the entertainment value they provide. I was playing the 2600 the other evening and followed it up with some SNES and DC. tonight i have a match planned with my son over some soul calibur 2 for the gamecube. Picked up the SC2 fighting stick to help kick his butt.
360 and Wii died a long time ago.
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