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I think it will matter to then but not as much, it seems that Microsoft is more interested in evolving their Kinect because that makes them unique and if it plans to include one with every new console (as the rumors suggest) they have to remove around 100 dollars from raw power to pay for the device, so instead of a 400 dollars pure power console, they might produce a 300 dollars power console, that if you remove the additional cost (ensambling, distribution, etc) may mean a 200 dollar components and will leave them with a console not so much more powerful than a 360 or a Wii U.

Now Sony is the wild card, they don't have anything to evolve, and they can't afford a big lose on every unit they sell, so unless they come up with something unique by themselves their play is pure power but selling the console without losing money. So maybe a 400 dollar pure power console, so about 300 dollars of components, that will be a more powerfull console than a Wii U by 5-6 times and more powerfull than a 720 by 2-3 times, the problem will be then Are the developers willing to make games that take advantage of the extra power or will they use the lower common denominator (as in previous generations) to reduce production costs?