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So, we all know the large companies haven't been doing so hot lately. Square Enix and their layoffs, THQ shutting down, EA laying off 10% of their work force, ballooning budgets that will grow even more etc etc

IF the industry were to go through another crash, would it be this horrible thing that ruins the industry or would we get more out of it than we lose? It most certainly wouldn't be a crash in the same manner as the one in '83, but more along the lines of a pruning. The major companies are choking out the mid-tier companies, forcing them into thinking they need to have massive budgets in order to compete. This leads to studio closures, even from the smaller studios within big companies like EA, Capcom, and so on.

I wrote an article on the subject where I go into more detail about why I think it could end up benefiting us in the long run. Not that I want it to happen of course. You can read it here: http://playeressence.com/would-another-industry-crash-be-such-a-bad-thing/

So what do you guys think? Good? Bad? Not even remotely possible that it will happen?