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chapset said:
didn't last very long did they, I remember all the threads about how they would kill Sony, Nintendo and Microsoft business model in regard to gaming

Well, Sony bought a competitor, and there is a big push to shove everything in the cloud.  But, there are issues in regards to finding a viable business model that would fit and make things work.  But, it looks like the talk of the death of traditional consoles is a bit too soon.