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On first thought i'd say no Sky Render. HD consoles and expensive production costs would scare away would-be contenders from flooding the market.

But the Wii and the shovelware may seem appetizing to certain parties. I could easily see Conspiracy (king of shovelware) make a console. Obviously it's killer app would be the exclusive Ninjabread Man!

Seriously though I doubt it. Developing crap and spitting it out for existing consoles is relatively cheap. Investing enough to establish your own hardware line takes commitment and determination, both in the sense of time and money.