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I really doubt it. When they started the original Xbox, Microsoft went on a buying spree and bought up lots of studios so that they would guarantee games for their console. Now with the 360 there are plenty of 3rd party titles that Microsoft doesn't have to create the games themselves.

The cost of games have shown that multiplatform is the best investment for game publishers. Not making a game for the Wii and PS3 is leaving money on the table. Microsoft is happy with a successful console and collecting licensing fees from 3rd party developers. Having the occasional AAA exclusive is enough to set them apart from the competition. Basically I think they are careful at where they are putting their money.