They've only been out for a year, and you're calling it the worst generation?
Also I can name 5 great games on two of those systems.
Bioshock.
Mass Effect.
Super Smash Brothers Brawl.
Super Mario Galaxy
Portal, HL2(they came out on console, so they count).
Oblivion.
I don't see how they have killed innovation when Super Mario Galaxy is probably the best Mario game since Mario 64, maybe even better in some eyes. Bioshock easily replenished the FPS genre, and Super Smash Brothers Brawl is just fucking fun. We've got another 4+ years of this generation, in which games like MGS4, Final Fantasy, etc are going to be coming out.
I don't know if you have a "next gen" console or not, but you clearly haven't played these games.
But it's your opinion so I can't argue that.
Yes, I have next gen consoles and own or have played all of those games (except Brawl of course). Of course, they are not bad games at all. I'm sure I will run into people who disagree with me because they are emotionally invested in the success of their favorite games and consoles. But all we can do is argue about it on a game-by-game basis, and I do not wish to do this. Just understand that I have played those games, I have played the games offered by the previous generations I listed, so my opinion is at least informed if not agreeable.
Yes, let's hope that the generation improves in the next four years.