>Because for me, graphical horsepower stopped mattering back in Half Life 2.
I agree. There are games from a decade ago that are still visually impressive today. New hardware certainly doesn't hurt, but I have my doubts that I'll ever really be wowed by the graphics of a new console generation again.
I'm more interested in fun gameplay or a compelling story than ultra-high-resolution hairy forearms with realtime light refractions bouncing off of rendered sweat droplets.