No clue why this resolution-fetish is still so present. ~1080p is fine as long as you have propper Anti Aliasing, sharp textures and good graphics. No matter if Console or PC.
The more important thing are STABLE FPS, I prefer 60FPS minimum and could sacrifice some resolution for this goal. So as long as todays consoles can offer stable 60FPS, I wouldn't call them outdated. Sadly, it already seems to be a big issue with the current games sometimes, 30FPS may work for slow games but for shooters etc. I see no alternative for 60+ FPS.