The Console Wars Are Over: XBox and Sony Both Lost
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Seems like if you made a deal with nvidia to cut them in on the sales of games per machine you could get a subsidized 'Steam Console' and then it really would be all over for Sony/Xbox.
Personally I played consoles for the Japanese games but since the dam broke on those coming to PC there's no much more reason for me to play one. However my family all prefers gaming consoles to PC.