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Kyuu said:

A "next-gen" version of a multplat CoD would do nothing to a new Xbox. Actually, even a CoD that skips Playstation consoles would not necessarily result in a massive increase to the new Xbox's baseline. Because most CoD fans on Playstation would probably be switching to PC instead. CoD leaving Playstation would hurt Playstation more than it helps Xbox.

Xbox's main problem is obviously PC day 1 support. PC is the shit these days. Not even Nintendo and Sony systems are as compelling overall. More and more people will realize how similar modern PC's are to consoles in terms of ease of use, and will enjoy its many advantages. As long as both Sony and Microsoft support PC, it will eat into their market or limit their growth potential, starting with Xbox which has no significant advantages over PC.

There is a price barrier to PC gaming, if you want the top of line graphics.  Spending thousands initially, and having to keep upgrading expensive parts if you want the best graphics out of it.