You guys read the latest news? With companies like Nvidia and RAZER making their own "Tablets" or "Mobile Devices" and even Valve jumping into the fray with their "Steambox" (Which isnt most likely a console but a concept instead) i dont think consoles will disappear from the market anytime soon... But then again neither wont the PC. Alot of developers go for the console exclusive bullshit because of "PIRACY" but the fact just remains even consoles have piracy but the thing PC has an advantage over the consoles are the community, mods ect... But enough about that the question was will consoles be a thing of the past? Frankly no! I personally really dont think the consoles are going to disappear anytime soon with this piracy bullshit flying around and... with the rumors that Microsoft might unravel a next generation gaming console in the next E3, but in the end we need to wait for E3 or any other major event where such things might pop up before we get any clear answers. Untill then it's just speculation and rumors.
Cheers!
-Sandremo
PS. Oh and 1 more thing. Consoles wont disappear from the market. Not untill the companies come up with something else to sell to the consumers in the consoles place. (If i just said something that was already said on the topic i apologize. I was too lazy to read all the posts XD)