Ohh.back from the dead...
What I meant was, by YOUR definition yes they have been showing them up for years. But, that's not teh only way to look at it, if you look at it from a purely graphical comparison standpoint, PC dev's have been showing up console dev's for years(until now).
The original statement was that console dev's will make PC dev's look dumb. They won't because hardware will not stand still. If you look at it purely from an efficiency standpoint, then they might make them look dumb. But as far as visuals on screen, the PC's are gonna look fine in a year or two.
Either way, it's a continuation of the same cycle. PC will have better GFX in a few years, showing up the console devs in the regard, Consoles will continue to get amazing efficiency from the older hardware, showing up the PC devs in that regard.