On one hand it looks OK, it might look even better 4 them it ey go with kinect only direction which i doubt, BUT.
Just look at them, 343 needs to prove themself, lionhead is kinda lost ey dont know what to do with fable( third one was less than mediocre for me), turn 10 is good( but how much since ey lose the touch with forza, sequel after sequel, just give them chance to make something else). Some are producing junk, some are working on kinect, some needs to release first games.... will ey keep gears only on xbox? Will remedy be able to produce quality games in less time, or will ey stay exclusive? Too much questions hard to answer.
Ey need better management of their studios thats 4 sure. And more of them wouldnt hurt either.
I see not so bright future it some of things come true. Ey wont have price advantage over next PS almost certain( judging by sony pr, vita pricing, ey ll have to put in box new disc format...) and if ey dont launch earlier say goodbay to third party exclusives unless ey pay hard or try hard. Some say exclusives dont matter, than why did they tried so hard to bring ff, tekken, mgs, gta to 360? Thats right.
They should not get arrogant like sony did, if ey want to be successful next gen, or ey ll get stomped.