Well I don't think this is a bad thing ... why replace the 360 ? It's still selling very well, it has a large customer base and in my opinion the games are on par with the games for the PS3 ... as to what they'd upgrade to it would be stuff like a faster/more powerful CPU, a better graphics card/chip thingy, a bit more on board memory, a larger HDD and possibly changing the disc over to Blueray (I mention possibly on that one) ... but it won't make the games 'better' OK they'll be able to do fancier graphics but in my opinion games are now getting very close to the ultimate limit anyway (as in looking realistic, if a game wants to look realistic that is)
just thing of all those parents breathing a sigh of relief at reading this that they doing have to buy their kid a new games console soon just because some company has decided to replace it in a predetermined life cycle
When has a Wii ever been about serious games ? a Wii is about family & friends entertainment