Dreddz knows it. They're pushing technology only a minority wants onto everyone. I know I don't care about 1080p :p. Maybe I would in 5 years, but then there's a new console out anyway.
What gave the consoles an edge earlier was the much lower resolution needed for TV screens. Now that they need to push almost as high resolutions as PCs, the price increases too.
And blu-ray. They say game developers want more space, use dual-layer discs. SO3 came on two single-layer DVDs after all, not two dual layer DVDs (though that's because two single layer discs are cheaper than one dual layer).