You suppose that core games will get less innovative once they get cheaper, that seems to be the exact opposite of true. Hardcore gamers demand expensive games, but they also demand convention. Stray too far outside of convention and you don't sell very well, thusly only cheap core games actually try to do something different. You can't really say that Halo 3 was innovative, or that GTAIV wasn't just a much bigger GTA3. Killzone 2 doesn't look to innovate so much as take what "hardcore" gamers have bought in the past, and make it better. COD4 only innovated as far as leaving WW2, which among the core crowd was a big deal. Now that's innovation!
Cheap games are the ones that do something different, and they are usually ignored and sell moderately if they are extremely lucky. Okami tried different, and probably won't sell half a million World wide between two consoles. Boom Blox tries different, it's something innovative and opens to a week of 25k. De Blob tries to be different and people could care less about it's existence. Killer 7 tried the road less paved with a bizarre artsy game, sold like fudgecicles from my ass. Team ICO may have critically acclaimed games, but they don't have million sellers.
Halo 3 is Halo 2 beefed up. Sells millions day 1. Smash Bros Brawl is an expanded Smash Bros Melee. Millions day 1. GTAIV is a bigger GTA3, 500 million in revenue as soon as it hits the shelves. Gran Turismo 5 is a prettier GT4, and even it's prologue has sold more than everything Suda51 has done combined.
Saying as core games get cheaper they will get stale is an extreme innaccuracy. The more money is invested in a game, the safer the company tries to play it. You can't invest 50 mil into something that may or may not sell.
So as I see it, yeah, I'm not going to mourn the death of games that cost tens of millions to make, are delayed for three years and then upon it's release is essentially something I've played before but better. I welcome "cheap" different games. And stuff like boom blox makes me love my wii, and if it continues to get the low budget weird games that frequented the PS2 then I will not complain in the least as it crushes it's HD counterparts.

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