Man I hope that's wrong cause that's quite mediocre for a next gen system. Soon mediocre cards will perform 3 TF on average and high end cards will probably end up doing 10 TF in a couple of years. Now I know consoles can't compete with high end pcs but if they want to stay relevant for the next decade, they should squeeze as much as they can.
Microsoft knows when they plan to release DX12 and they're working with AMD for their GPU so if they can make a custom GPU performing 3+ TF and make it compatible with DX12, then we have a strong enough system worthy of being called next gen. If MS releases first, then Sony will have to match it more or less which is a win for us.
In 2014, Maxwell Gpus and I guess Volcanic Islands (HD 9xxx) are supposed to be a big upgrade. It's too bad we can't get something like that in our systems. Sounds perfect for future proofing and great performance.