Seriously, though, I'm not especially interested in seeing this console generation end. In the past, the end of one generation of game consoles has always felt more or less natural--even though it is obviously part of a predetermined business strategy, by the time a new crop of machines comes out, there is good reason for it. The "old" consoles have been long since surpassed by the average home computer, and there are several hardware and/or software features which both gamers and developers want to see incorporated into the next batch.
This generation kind of brought an end to that. Hardware development has crossed a threshold--reached a point in the objective level of the technology where the hardware is good enough that most developers shouldn't have any trouble realizing their vision. And since one of the major additions in this last generation was adopting the PC world's ability to deliver live updates (both to games and to system functionality) and downloadable content, these systems can--and have--evolve(d) over time on the software side to fill in any gaps in functionality that may have become apparent in the six years since their debut.
Nintendo, of course, is the exception.
By choosing to launch a small, inexpensive device more on par with the previous generation, they *have* to launch a new system in order to compete. The Wii's processing power is more comparable to the Xbox than anything modern, and while it has adopted the simplest and most obvious bits of "modern" software functionality (namely: online gameplay and downloadable titles), it has largely spurned the more evolutionary approach of its competitors. As a result, both the hardware and the software feel significantly dated. Nintendo is a great developer, and their software alone is enough to keep a system viable to a certain degree. But overall, the Wii simply can't compete. They have no choice but to ready new hardware.
The best news for me out of E3 was actually a distinct lack of news: the fact that Microsoft and Sony did not talk about next-generation systems. Both systems have evolved significantly since their launch, and aside from the axiom that more horsepower is always welcome, there isn't anything these systems feel to be lacking. Yes, it's been six years since the PS3 launched and a surprising seven since the 360 made its debut, kicking off this generation. However, there's no need for anything else right now. Bringing this generation to an end when there is no perceived need for it would just feel like a forced end, for no reason other than to make everyone re-buy hardware.
So, the fact that Nintendo is readying a new system while the 360 and the PS3 remain feels right. Sure, E3 seems less exciting this year. But that's because of the crop of games--these games wouldn't look any more exciting on a shiny new box than they would on our current hardware.
I honestly don't know if I'm going to buy a WiiU. I'm certainly not interested in replacing my PS3 right now, and we wouldn't even have a 3DS if Eva hadn't gotten it as a gift. (We have a total of two 3DS-specific games: Mario Land and the Ocarina remake). It's not that I don't use my consoles; quite the contrary. It's that I'm content with them.