Graphics in my opinion wear off. i remember when gran tourismo 3 came out for PS2 and everyone was amazed at how "real" it looked, and no one would mistake it for a real race now. I'm sure the same thing will happen with PS3 and in 7 years PS4 will come out and we'll be like "WOW, it looks so real" all over again.

Youtube is one of the most popular sites on the internet.... and look at how shitty those clips look.