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This will happen but not in ten years. Internet speeds and capacity will need to increase at a ridiculous pace to keep up with the content and users demand. I can see home consoles being gone really quickly once it does though there just won't be a need for such expensive hardware. Everything seems to be converging into the handheld realm. All the major players have some sort of device out on the market already be it a cell phone/PMP/game machine this area will see all the major collisions with everyone wanting to be that one device in everyones pocket.