I feel Sony and MS would want more than a 25% transition, hence the need for other reasons than performance gains.
It was 25% for a midgen upgrade, but how many typically upgrades when a new generation rolls around and how quickly. Its a different "thing" then.
Historically how many years does it take for 100% of the installed based to convert? It never was 50% in the first year, somebody with the sales numbers handy can probably do th math.
I mean PS3 = 100M and X360 = 100M, how many converted year 1, year 2 etc?
The assumption is that nobody jumps ship nor any new comes to the platform, to make the math silly simple.