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And then you wake up! :D

I doubt 3rd parties will be on board like they are on the Xbox. They will wait for the installed base. The installed base won't be more than the Wii U without 3rd party support, etc.
The only way out to that conundrum is to have a system that captures the casual market. Then it has the installed base, then 3rd parties release some shovelware, doesnt sell. They abandon the system.

You know, it changes nothing. A new home console is not a way to save anyone. It will just be another Dreamcast.