Now you see, the funny thing is I have possibly the exact opposite mindset to the guy from 1994 quoted in the OP. To me, games are a constantly evolving medium, finding new and exciting ways of bettering themselves with each year that passes.
Okay, I'm not saying that newer games are inherently better, I'm not that suicidal. There is a hell of a lot of shovelware out there- mostly on the Wii and DS- and to quote Yahtzee, an absolute shedload of sequels, rip-offs and wank. Mostly on the 360 and PS3. The thing is, for every fifty CoD rip-offs- and CoD itself, for that matter- we get a Skyrim or a Super Mario Galaxy, gaming experiences that would be almost completely unheard of back in the NES/SNES era and will stand the test of time. And it's not just the Triple-As, but games like Braid, Limbo, Flower- all show that innovation is thriving in the industry despite the seemingly suffocating presence of the uber-franchises.
I'm willing to bet that in 2030, on whatever form this forum will take by then, there will be people dissing the most recent games and reminiscing on the 360/PS3 era as fondly as we remember the SNES/Mega Drive era. My flat, wide 47-year old arse will probably be amongst those voices. Difference is, I'll still be having fun playing the most recent games as well.