GPUs in the next consoles are likely to be the Ati5000/6000 series or the Fermi equivalent, basically whats hitting now since they're 2yrs away still. Both of those can just dominate 1920x1080 with max everything. PC gaming going forward is all about pushing resolutions like 5120x3200 on multiple monitors, when sticking to just one at a relatively low resolution I don't think we'll see much of a gap going forward like we do now.
360 version doesn't even run at 720p on the otherhand =/
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