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Flame said:
The Xbox brand has gotten way too popular to fail

The same thing would have been said about Playstation during the PS1 and especially the PS2 years. A fall from grace is always possible.

That's not to say MS is necessarily going to fall into the same trap. The back end of their console cycles seem to suck because they're focusing so much on preparing for the next generation, so the first few years of the Nextbox will probably see blockbuster after blockbuster just like the 360's first few years did. The only real pitfalls I can really see are if Sony gets the jump on them by launching first and their decision to keep their online free makes people shift away from Live, and if MS banks too heavily on Kinect but people decide they don't give a shit about Kinect anymore next gen.