So lets see. Third-parties are already able to port games between the PC/PS3/360/Wii which have different control schemes, different architectures, different specs, etc, but will have trouble porting games in the future? There will likely be just a small subset of games that couldn't be done (just like there's a small subset now) but that hardly justifies the outlandish claim Malstrom is making.
As for third-parties drifting towards the console with the lowest development costs, if that were the case everything would be made for the DS now, hell it's even cheaper to develop for than the Wii. The fact is that he completely fails to take userbases into account and it's the reason he'll never comprehend why many hardcore games are currently made for the HD consoles and will be made for them in the future. He also fails to take into account the online experience which is the reason why many hardcore games are meeting with success in the first place.
This "The whimper of hardcore dreams" is nonsense and just more wishful thinking from someone that no longer even tries to come up with any kind of reasoning that doesn't completely fall apart when looked at objectively.