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Viper1 said:
Carts certainly have advantages but their disadvantages in todays market make them an unlikely medium for gaming.


Pros for Carts:
Speed - Load times are basically gone.
Durability - They tend to last longer than discs and disc drives.
Writable - Save to cart, roster updates, patches, downloadable content, etc...would all work very well on a cart.
Storage/portability - They tend to be smaller for easier storage and transport.

Cons for Carts:
Cost - They cost a lot more to manufacture than discs.
Capacity - While getting better with the advent of flash drives, disc capacity is also growing and with HD gaming, it's required.


While the pros are good, the cons hurt them greatly. If there was a means to remove those 2 hurdles, carts (as flash drives) would make a serious comeback.

You pretty much hit the nail on the head.  Until they become super cheap to massproduce they're going to stay at the bottom of the food chain sadly.