Console manufacturers throwing out hardware improvements mid-generation isn't a new concept. Slightly upgraded versions of systems within the span of what is considered the same console generation have been around pretty much since consoles are a thing. Often times manufacturer's find themselves short on time — or maybe funds — so they put out a device on the market with the upgrade almost ready. At other times, the moment a console goes on sale, work on a hardware update significant enough to warrant a new name but not large enough to warrant a new gen begins.
The most frequent upgrades are "slim" versions of otherwise bulky launch-consoles, as well as hardware upgrades to the CPUs and GPUs. This trend was most obvious in the previous console gen, with both the Xbox 360 and PS3 going through multiple versions and both getting yet another new one with the release of the current-gen systems.
Considering the current generation has been available for several years, a hardware upgrade seems to be in order. There have been plenty of rumors floating around for several months now about both Sony and Microsoft working on upgrades to their respective consoles. However, these were only rumors until recently — both upgrades were tentatively confirmed one way or another at this year's E3, but no images of the hardware were shown and not even specs were announced.
What we do know is that the PS4 "Neo" and Xbox One "Project Scorpio" will carry significant hardware upgrades when they do finally launch. These announcements were a tad overshadowed by the announcements of other console upgrades, namely the slim version of the Xbox One and the slightly upgraded PS4 with the same case.
As intriguing as all of this is, obviously the main question here is "how does this affect the games?". More so than ever before, console manufacturers are in close contact with the biggest AAA publishers, sharing technological advancements and info on classified projects so that the software can keep up with the hardware and vice-versa. Why bother releasing upgraded consoles if it will take devs at least 3 years to make games that actually benefit from the hardware?



