Its not like I'm pulling these specs out of my ass, there's precedent for fairly easily categorized console generations, comparable to PCs of its time. I'm not trying to make a semantic argument. You generally have a ~5 year technological leap between the "true" generations, and the resulting consoles tend to be very similarly capable. You'll always have the outliers that dont seem to fall in line like the jaguar and dreamcast, and they always seem to inevitably fail. Nintendo with the wii was almost unprecendented because its far more in common with the last generation than the current.
Its been almost 5 years since the 360 - if it cant soundly trounce 2005 level tech, how can anyone consider it the next generation? Its just a very late entry to the current generation, even if its the most powerful of the bunch. It might even end up somewhere in the middle dreamcast style. And I'm sure nintendo will put out some great first party titles. But for those of us ready for the "real" next generation, this doesnt sound like its going to be it. I'm excited and all, but its not what I really want, I want the real next gen already.