upnorthsox
Veteran
Launching any time this year is jumping out of a perfectly good plane, to try and win a prize a prize that neither MS nor Sony are currently even eligible for. Nintendo are on a burning plane, only due to not being desperate and not rushing they're planning an orderly evacuation with a parachute. They have more to gain than lose by launching in 2012. MS and Sony have a lot more to lose than gain.
MS and Sony need to work on growing their current devices as both games platforms and service hubs. It's hard to get customers on board your current platform when you're already talking up its replacement. The 360 can form the hub of an increasingly low power, set top friendly entertainment and service device - hardware can be added around it and interface through the dash and you could even ship versions from multiple vendors like WP7.
As crazy I guess as jumping out of a perfectly good windows7 plane with a Windows8 parachute.