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Let's remember that it's not just the console market. American consumers are hurting hard, right now. A new generation of consoles isn't a guarantee of a sales resurrection, just look at handhelds (clearly sales will be up, but it's not gonna be a blockbuster generation).

Frankly, taking off my gamer hat, I kinda want the next generation to flop. People need to start saving more, and interest rates need to climb. This might be sucky for us gamers, but there more important things at stake.