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I think now that games are beginning to sell for $60 people are beginning to be more cautious when selecting games to buy, meaning developers may begin to focus more on the quality of their games.

From what I observed in the last generation most consumers owned more then one console. This is because many people enjoy playing different games other Nintendo. People will always want a Final Fantasy game, Metal Gear, and Halo. I think overall 360 have done an excellent job with their management. They are appealing to their target plus their console is much more cost efficient then PS3. Sony however tried too hard to make advanced which screwed them over. PS3 would have made a good PS4 though. Can you imagine if Sony first introduced Bluray and then a few years later introduced the PS4. That would have made their production a lot cheaper. Anyways I got off track Sony will eventually introduce Grand Turismo, God of War, and other titles in addition have a few more price cuts which should help hardware and overall software sales increase.