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frybread said:

I find that definition too murky.

If there are enough people still buying games to make new game development profitable, it's alive.  According to me and Wikipedia editors, anyway.  If you disagree,you might hurt some die-hard Neo Geo fan's feelings.

Well, when Sony says the PS3 is on a ten year plan, they mean they're going to support it for ten years. As in keep on manufacturing it and making games for it.