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If hardcore gaming isn't a sustainable business model during a global economic meltdown, hardcore gaming will die. I won't miss it. Nintendo won't miss it. The future of gaming won't miss it.

It will either become sustainable or die. To become sustainable it either needs to sell more (by getting dumbed down for the masses), or cost less to make (by not having millions spent on HD visuals). If that scares you, then you need to buy millions of copies of every hardcore game that gets made to keep these companies in business.