Is this actually a realistic expectation, though? Consoles are not paving the way for the most graphically-intense games; that is PC. PC is where graphics and game performances are at their peak, so if games are being designed to hit 60fps, with improved graphics, on more powerful computers, how can consoles compare?
They just cannot do it. Due to how long consoles are expected to be used without upgrades, they are always going to become outdated. They are not even the most powerful to begin with, so there are always going to be issues with them in reaching max performance. A £500 investment is just not much when compared to what PC prices can reach. I think people need to reign in their expectations a bit.
Cutting content does not seem to be the best way to hit 60fps; in fact, that seems the absolute worst thing you can do.