I've had a blast this gen. I've had better experiences with classic and AAA games. Last gen we had 3 main entry Dead Space games, 4 Gears of War entries, 2 Fallouts, 3 Dragon Age games, 2 Elder Scrolls, 2 GTA's, and a host of sequels/trilogies. Gaming went from being inside a shoe box to being the star of the show again. Video Game departments at retail were now the hot topic again. Instead of the PS2, Xbox and GameCube just sitting there off to the side. It also came with a host of other issues. PC was taking over towards the end because new genres/digital content was on the rise. You still had very clunky games that ran very poorly. Your generic FPS, action, and RPG came from last gen. You had to hold down a button in Oblivion to clear the cache on Xbox 360. It was good, but it was not perfect.
This gen you've had more than 1 top down RPG do incredibly well, you have a handful of survival horror games, RPGs, action games, and the latter. FROM Software has done incredibly well. You have arcade classics on your modern day console. You also have games like ShenMue 3 and Bloodstained to come out.
Last gen had a lot of great digital games: SFIIHD, MvC collection, PS1/2 Classics, X-MEN, Simpsons (delisted of course), and etc. Street Fighter IV was huge for a while. StarCraft II had not come out yet and Diablo 3. Those all took their time to come out. If anything, the consoles of last gen are much better now if you bought the games at the right time. My PS3 and Xbox 360 look great now, but it took until the very end to create that overall experience. I can play Siren, Fatal Frame 1-3, and a host of great PS2 JRPG's while also playing MvC2. I can load up my current console and play a lot of awesome Arcade Archives, super addicting budget titles, and AA-AAA games that look amazing.
The PSTV and Vita have good things about them. The DS and 3DS have a slug of good titles. But none of that mattered for a while. They all work well together now. The industry, IMO,moves on super fast at times. If you're gaming just to play the latest games then that really only gives you a couple weeks to play the game until something new comes out. Over time you see a large list of games that are indeed fun to play.