New consoles will be revealed at Electronic Entertainment Expo 3 (june) or Tokyo Game Show (September). Don't believe all the videogame consoles are dead gig, because this is only talk about the current generation's death (properganda had this gig in 1999 around PS2 games) The new feature of new game consoles are that they will use the 3D LED TV technology like some bluray and have either PSmove and Kinect controllers.
You could buy a lot of cheap PS3 games, but who are you going to show it off too? I learned that this only works on Youtube, but only if you own 1000 or more. Since I am at 630 games, comments won't work.