I also think there's a good amount of resentment towards consoles right now. It just feels like a general malaise with all of them. If 720/PS4 launched with "prettier versions" of things you can also get on PS3/360/PC, I would not expect them to do well out of the gate, especially since there doesn't seem to be any major 1st party stuff coming their way soon, at least ones that'll sell systems.
And to be honest, I'm not particularly looking forward to buying another Playstation or Xbox. I'm looking to build a good gaming PC. I'm sure a lot more feel the way I do, but are waiting for the real specs of these boxes to be uncovered to start building.