If you guys really want a single monopoly on the gaming market... Go ahead and cheer for a company who has complete control over the price of everything on the market, and the soledeterminantof the success of the gaming industry. To wish the death of successful console is a very ignorant statement. And honestly, You should rather have a desire for a more competitive monopolistic market, over a single monopoly (3 major players vs one). With the current scenario, we get exclusives for each console, with witch each developer trying to out do its competition to sell more game and more consoles(this means great games). Competition is also the reason as to why we get those things called "price drops." Without this, Sony could dictate whatever inane price they want consoles. Sony probably would also jack the price per game up to 80-90 dollars as well (they already do this in the japanese market on consoles and games because of national loyalties to sony(I.e. MGS4 pricing, and most likely GT5). So yea, go ahead and wish for microsoft to fall apart when we are in the middle of a recession. A major company like that falling apart would kill the economy as a whole.
On another note, Sony probably wouldn't have even desired to make online play a major feature on the PS3 if Xbox was not on the market. So more consoles on the market brings about this thing called innovation. A basic Microeconomics class would have taught you that. Look up the term "monopoly" or get a microecon book and read up on it. Monopolies are the not the best thing for a consumer to deal with, mostly because of prices and the lack of innovation(could also factor in patents, and other barriers against entry into the market, but I am not trying to overcomplicate my argument.)
A simple answer to your question "Is Microsoft going to make one more console?": Yes, They are most likely going to make more than one more console. Their goal is not only focused towards games, but also innovating gaming consoles to the point where they are an all in one media center featuring Live TV, Movies, and Games. They hope to in the future fully eliminate the use of hard disks, but rather rely on big hard drives to bring High Definition games to the consumer. Down the road, I can see hard disks getting much cheaper. So i wouldn't doubt that this will only take 2 more consoles to achieve the ability to put a several terrabytes of hard disk, in a rather small space, at a very inexpensive cost.
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