They can't come back into the crowded console market today, if they did it'd just end up biting them in the backside. Most of thier franchises have ended up on other consoles now and unless they can magically regain the trust of the developers they lost post Saturn-pre DC, then they won't have many third party titles at hand either.
The handheld market however.. it's more likely, but is there enough room for 3 big-wigs competing in the handheld divison? I did catch wiff of a few rumours about a no-button handheld system from SEGA, using 'touch sensors' that nod towards arcade machines rather than the DS' touchscreen. No doubt it'd have alotta' ports of arcade titles, which could work well on a handheld device. But with the SEGA Vision, that looks to be bogus and it appears they have no plans as of yet to re-enter the hardware side of the gaming industry.
The Sega Vision, unfortunately, will just be a portable media player with little focus on games. It'll only play Java titles.
It'd be nice to see them back soon, but IF they do come back.. it'll be a while off yet.
EquiIibrium
I agree that right now the console market is too crowded i think that if there were less console systems out there then SEGA might have a chance, and I dont think that if SEGA were to make a handheld that it would be a big seller. I am just saying that because i am not a fan of hanhelds so i probly wouldnt get one if they came out with it. if they ever come out with a new console I would buy it on day one.
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