I would argue that with the rise of PC and $1 iphone/andoid games I actually think 3 is too many (let alone 4 once Steambox arrives). If we get to 5 or more I think that the companies will be stretched so thin in terms of install base that it won't be profitable and somebody will go under. I'm a Nintendo fanboy but I have to admit that it only makes sense for two of the big three to unite with another one in order to be able to resist Apple/Andoir/Steam.







