Is the video game industry broken?

We all know this a year of change in the video game market place. The future of the industry is very much at a crossroads with the big 3 bringing out their new platforms and many questions remain unanswered. Maybe it’s time to say “the Emperor Has No Clothes.” The video game business is clearly broken and is in desperate need of fixing. This is not just another console transition—we are 6 years away from the last one and in a totally different world.

There are a lot of good points made here, including the fact that next-gen games will be too pricey. They are expensive now, so how much further are consumers willing to be pushed? Also noted is the fact that games are still considered as a ‘product’ and not a type of media.