I sometimes despise the elitist air this forum is comprised of.
"as it should be", "the right approach" etc
as if to justify your new $500 purchase, the games you play can't be allowed to be enjoyed by more people on more affordable, older hardware.
My friend recently started at GameStop, and he's fascinated by the people and things they buy even today. Younger kids purchasing Wii's, 360s etc, super excited to take home their new consoles.
How many people do you suspect will be purchasing PS4s and Xbox Ones in the years to come? Imagine being able to play the same titles as the new consoles, albeit at a lower fidelity? Especially with cross play becoming a huge push? Magnificent.
To be honest, to hell with this toxic line of thinking, there's no room for it going forward.
(how many people get to play together on WoW, Overwatch, etc due to differing levels of hardware?)