Yeah, I'm willing to bet that whatever we get will still be told primarily from a human point of view. Which itself could be really interesting in the next game if there weren't many humans left thanks to the Reapers.
Still on the issue of Mass Effect 4. If they are suggesting people maintain their saves from ME1-ME3, does that not mean it would still be current generation. Giving Bioware a minimum time of 2 years development, that would put it out sometime in early 2014. Damn, the 360 just might get its 10 year life cycle.