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Nintendo consoles present low cost opportunities for developers to take risks

Yet they don't take them. Look at the crap we're getting.

About Mottes' prediction that the industry will become reliant on outside IPs, I don't think that will happen. It's more likely that they'll keep recycling old gaming IPs the way they've done in the past. And more than that, they'll keep recycling the same old ideas and gameplay styles under new titles.

But there's light at the end of the tunnel. Just last week EA's CEO commented on this very issue. He was apologetic for EAs attitude towards consolidation in the past, and talked about moving towards a healthier relationship with developers. If EA is getting its act together, that's half the battle won right there.