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Hoffmole said:
Ok, I'm convinced all current downloadable titles will be available on the next gen consoles (I did say it was a worst case scenario, and one that I maintain could, although unlikely, be possible especially if a company stopped producing consoles). But I take the point.

Just 1 more thing. What happens if my console breaks? If my PS1 stops working I'll get another - no need to buy the games again. And are there insurance policies that cover digitally distributed games?

On xbox360 and ps3 yes. I don't know about the wii.

Xbox has a gamer tag so any console that you put your gamer tag on will have access to all the games you bought previously...for free. However up until recently you could only play those games if you were signed in as you...no other gamer tag on that console could play those games.

Microsoft released a digital rights tool found on xbox.com...that lets you transfer games to different xboxes in case the console breaks. This can only be done once a year (for now) but it allows you to take your Braid game from your broken console...move it to a new console...and let your shiny new gamer profile play it without any issues.

PSN has a simmilar deal but I think they let you redownload the game on 5 different consoles? I could be mistaking...I did it on 2 consoles with the same PSN ID and it worked great.

Wii, I have no clue...