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kain_kusanagi said:
 They would end up with a bunch of crap ports that nobody wants for the first year or two.

Not exactly. The dev kits could still have used parts 5x faster than PS3's GPU (say HD7750 level of performance). That would allow developers to deliver games that look better than PS3's right away. However, the final console could have a GPU of say HD7970M level (~HD7850 2GB) or closer to 9x that of PS3's GPU, giving additional headroom to make games look even better in the long-term. It would be a pretty clever troll move.