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dampowell said:
at the end of the day. Nintendo will bleed black and the small studios that continue to support the HD systems will bleed red.

Never mind the small studios (their going bankrupt on HD) the big studios are bleeding red on HD.    Only Ubisoft (home of the casualz) and Activision (GH/WoW) are in the black and they are relying heavily on the expanded market to do so.    I think Sega broke even having lost tons on their HD efforts but done well on Wii/DS.  Capcom has a good year too.

At the end of the day 3rd parties will either finally learn the lesson Nintendo is teaching or die in combat for the HD buck.