I will eventually jump into next gen a year or two from now after the first wave of consoles are patched up and worthwhile games release. As expected, current gen launches are pretty shitty and definitely don't look worth forking over $500 - $700 for shiny new toy with no real games to give you that 'next gen' feel. With all the hype and development time PS4 and X1 had, it's amazing there are no real 'next gen' games out as of launch.
Games like Forza and Killzone Shadowfall definitely have the 'next gen' look. But is that really where the buck stops? 1080p with social networking integration? Last gen launches weren't all that great either but you saw immediately saw a huge leap between PS2 and PS3 gameplay wise, even at launch. Will highly anticipated games like Titanfall, Uncharted 4, The Division, and Watch Dogs truly usher in 'next gen'?