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The vid I'm referring to (specifcally at 5:25): http://www.youtube.com/watch?v=SQvGZlt39dU
In an interview I just watched (link above), an executive for WoD Online is asked about leveling, and how the system will work. He doesn't answer it directly, but he immediately went into "Generation", highly implying that Generation has something to do with a character's "level".
... Is anyone else bothered by this? ... I sure am. I don't think Generation should have anything to do with a character's "level".
I won't write a long dissertation on the matter, but I can this: If they're using Generation as an equivalent to "level", then Generation is going to be extremely different from how it was in the pen-and-paper RPG.