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Ka-pi96 said:
As a hardcore console owner this would just mean I stop buying Xbox consoles. I always buy multiple consoles per generation, hardcore and all that, so having to buy 2 or 3 different versions of Xbox consoles as well as PS/Nintendo would just be too expensive. Not to mention that Xbox's lineup is already one of the weaker ones, splitting that between 2 or 3 separate consoles would just make it much weaker.

Plus the more mainstream gamers will be put off by having to keep buying new models rather than just a single PS console which can play every game for possibly the next decade.

So I can't see any appeal to either hardcore console owners or mainstream ones. What about Microsoft themselves? Can only see this making a huge loss for them as consoles need significant R&D costs + marketing to get a succesful launch and usually only start being profitable in the later years. Removing the later years and only having the ones that usually make a loss? How is that a good idea for Microsoft?

Microsoft would make back the money because they will not launch at a loss per console, but a profit. 

Gamers don't lose because you will still be able to play the latest games, the games will just look better on the newer console.