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DraconianAC said:
Trying to imagine the the reason why Konami would consider this:

Pro:
1. Developing time may be reduced if focused for one console. (Could save Konami money)
2. Employees & resources may be shifted to add custom in-game features, better graphics, AI R&D, or they could be laid off & consolidated (the latter could save Konami money)
3. Title could Receive a bump in media exposure for exclusivity rights. (I've noticed this effect has happened on previous titles gone exclusive)
4. Can't think of anything else, but if anyone is willing to partake, please do.

Cons:
1. Loss of market share. (Risk of alienating your niche fan-base in your previously supported console)
2. Loss in sales. (Less revenue & A less diversified portfolio)
3. Negative PR could offset any positive spin Konami unleashes.
4. That's all i could come up with... anyone share add more if they like.

OP is also welcomed to steal this and modify this in anyway it it so chooses.

Add this in for pro #4:

The bundle Sony gives in return for exclusivity gains them more sales than the Xbox will give them in total. 

This then nullifies your #1 and #2 con. 

More sales and the positive marketing nulifies #3 con. 

Thanks for the reply though you bring up some good points!