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When the next generation is annoucned or after some time has passed, the former next generation becomes the current generation. It's that easy.


Yeah, but they never actually used that term "next-gen" before until referencing the Xbox 360, PS3, and the Wii to an extent. Of course I could be wrong, but I don't think the previous gen consoles were every referred to as "next-gen".

The Wii Effect - a look at Nintendo's epidemic