Straddling game generations is always interesting from a software standpoint.
For example, let's say for the sake of argument that the Xbox 720 comes out well before the PlayStation 4 (which at this point doesn't seem out of the realm of possibility). Might it be possible that late-generation PS3 titles will compete graphically with the new Xbox games?
Of course, we have no idea how powerful Microsoft's new machine might be, so this question could be absurd. But for the time being, I think it's quite obvious that the PS3 is head-and-shoulders above the 360 in terms of exhibited graphics potential. Nothing on the 360 (and I've played the best that system has to offer) can even come close to competing with the last two Uncharted s, for instance, and I think games like God of War III and Heavy Rain have helped set the current generation bar as well. I think that's a given.
And in the future, we have the amazing-looking God of War: Ascension , Beyond: Two Souls , and The Last Of Us , the latter of which easily blows away anything on the 360 at this point. Then we might see more impressive graphical productions in other PS3 exclusives like Killzone 4 , Gran Turismo 6 , and Metal Gear Solid 5 . All of that is only speculation, of course, but if they all came out for the PS3 when the Xbox 720 was on store shelves…I mean, would it be totally out of bounds to make the comparison? Or will the new Xbox just be that much more powerful than the PS3?
Let's not forget that late-gen PS2 games made launch titles for that system look like crap; Final Fantasy XII , Metal Gear Solid 3: Snake Eater and God of War II were damn impressive; I often wonder how much more developers could've gotten out of the PS2…