Japan doesn't matter period. The Japanese developers like capcom and konami have adapted and shifted their main focus to the USA. Square Enix is in the process of doing the same with licensing the unreal engine etc as they know Japan is just too slow to adapting this generation which mean ALOT of money lost which you can make up in USA which has a much bigger installed based and gamers willing to spend money on games.
As ssj12 mentioned they seem to be moving to casual gaming or hand held market etc which means those 15+ million dollar budgets on 360/PS3 games are waste if those games are sold in Japan.
Basically is all about the DS, PSP and Wii in Japan so basically it doesn't matter in the sense that it won't affect other regions like it used to. Now the BIG games are being made by western developers with games like bioshock, Ratchet, heavenly sword, gears among many more for the PS3/360 being made by western developers that are kicking ass here and in europe but sucking balls in Japan.
I just don't see what the hell does Japan have to offer to gaming here in the states and unless the PS3 starts selling like hot cakes there I don't know what it has to offer for gaming in general.
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