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JGarret said:
Benga, how badly could the PS brand getting canned damage the industry as a whole?

 

Very bad.

Developers and publishers with projects (let alone exclusive ones) for PS3 will be screwed. Sure the existing userbase will still be there, but it's not very big and the cancellation of the console will definitely lead to less software sales as retailers will decrease the amount of space for PS3 games.

It will be bad for the image of the industry as well, leading to less interest from investors and less access to much needed loans.

Obviously Nintendo and Microsoft would gain from it, but they're really the only ones.

I don't see it as the #1 or #2 in likelyhood, but the more I think of it the more I find it impossible to disregard the idea.