Again, the problem is the cost. Yah Nvidia just released the Titan, but the card itself is about a grand. Selling a console is already a hard sell in this economy at $400+, Sony releasing another console in the $600+ range would be akin to corporate suicide. Even the hardware that they are showing is going to be sold at a loss just like last generation. Plus you have to factor in that this last generation was one of the worst gens ever for game developers as we have seen game development costs skyrocketing and pushing the little developer out of the picture even more. The reason for that is that it costs a ridiculous amount of money to develop at the high end of what the current systems are capable of graphically. The amount of man hours that go into modelling, texturing, etc. is far and above more then any previous generation. Game development cost only gets worse as the technology improves.
Originally Posted by Jay
Like I said before, what this new gen allows is for the developers to start integrating new procedural elements that the current gen of consoles isn't capable of. That is the stuff that will add plenty of awesome effects to new games without developers having to break the bank to make a game. Plus in Sony's case, the cloud stuff and increased focus on internet connectivity will allow them to slowly phase out physical copies of the games like the pc has to further reduce production costs.
This gen, more then any other gen in the past, is going to be all about saving money. This last generation for everyone but Nintendo was all about excess and spending far too much money on hardware and game development. That has to change or Sony + Msoft will be done with the console business.
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