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Million said:
Developers wouldn't like it
Consumers wouldn't trust it
Competitors would probably lauph at it

 

I think this would depend on how Microsoft handles it ...

Historically, introducing a new console is very disruptive and causes serious problems for the existing userbase of a console but I don't believe things have to continue this way. Hypothetically speaking, it should be possible for Microsoft to open up features of their next generation console to developers who are currently working on XBox 360 games which would give them the opportunity to target both platforms at the same time; essentially, it could be a flag which would let developers know that a game that ran at 720p @ 30fps would be run at 1080p @60fps with double the pixel shader processing power and double the processing power on the CPU.

This would benefit developers because they wouldn't have to stop developing PS3/XBox 360 games to target the new platform, and it would benefit consumers because both the XBox 360 and Microsoft's new platform would be receiving a steady stream of games.

I'm not sure if we will ever see a manufacturer attempt this, but I think it would be a good approach.