Aside from the rambling about what the future of CPU design is the actual discussion about PPC & x86/64 is quite interesting.
I'm not sure what CPU ISA the PS4 or Xbox Next are going to use because I've not been working on them this time (last 10 months). The rumours around them are going all over the place so until there's something official announced or I get to work on one
I'm not willing to bet. It's been everything from 16-core PPC to 4-core 8-thread x86/64 and AMD/Ati to nVidia GPUs so who knows what will actually be in the Xbox 720/Next/Durango.
You can get some stunning, genuinely stunning performance out of either ISA and games consoles have the advantage of not running a full multitasking OS etc. There's certainly mileage left in PPC and x86/64 for the consoles and the desktop.