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Handhelds are consoles too, and we are seeing a dramatic drop in sales there. Replacing the sales of Wii will be all but impossible for this gen for the home consoles.

However, what people care most about on this site is the HD cutting-edge consoles, and all signs show that PS4 should do very well so the market most people care about here should have a chance to hold steady. So the segment of the console market that the hardcore is most interested in should hold steady even if the overall console market (which includes Wii and handhelds) drops dramatically.

I am far more worried about the continuous year-on-year software declines we are seeing each week on this site. This to me is the real danger: with the raising dev costs we need to see MORE sales, not less.