I think you are underestimating how much power hungry the first models of ps3 and xbox360 were !
those are the real life numbers of power consumption of ps3 according to wikipedia : (but citation needed, i will try to find a source when I have time, maybe digitalfoundry)
http://en.wikipedia.org/wiki/PlayStation_3_hardware
first model of ps3 : (90 nm GPU, 90 nm CPU)
power supply (internal) : 350 watt.
standby : 1 watt
xmb menu : 171-176 Watts
playing a bly ray movie :173-178 Watts
playing a game (FF13) : 195-209 Watts
the last model : (40 nm GPU, 45 nm CPU)
power supply (internal) : 200 watt.
standby : 0.5 Watts
xmb menu : 61 Watts
playing a bly ray movie : 71-73 Watts
playing a game (FF13) : 72-79 Watts
Now onto xbox360 : (I used different sources)
http://en.wikipedia.org/wiki/Xbox_360_hardware
http://wpweb2.tepper.cmu.edu/ceic/pdfs/CEIC_11_01.pdf
Xbox 360 first model (90 nm GPU, 90 nm CPU)
power supply (external) : 203 watt
standby : ???
navigating menu : ???
playing a DVD movie : ???
Playing a game : 172 watt
the last model : (45 nm corona combined GPU+CPU)
power supply (external) : 115 watt
standby : 2 watt
navigating menu : ???
playing a DVD movie : ???
playing a game : 88 watt
So in average the first ps3 and xbox360 models consumed 200 watt of power when playing games.
Now according to this website :
http://www.sust-it.net/energy_saving.php?id=71
The power consumption of consoles is :
Playstation 1 : 10 watt
Dreamcast : 22 watt
ps2 : 50 watt
Gamecube : 21 watt, Nintendo Wii : 17 watt
Xbox1 : 70 watt
and maybe those are the real numbers for those consoles according to member in this forum topic :
http://s9.zetaboards.com/Nintendo_64_Forever/topic/7044025/1/
NES: 9 watts
Super NES: 10 watts
Nintendo 64: 19 watts
The data shows clearly there is a trend of increasing power usage with each new generation of consoles, with every new generation of consoles electricity power consumption increases, why this time it would be any different ? this is in support of my point of view that the next xbox and ps4 would have at least the same power consumption (200 watt) and silicon budget of their predecessors if not more.