@Samuel IR smith
trust me you don't want the japanese gaming market to die.....it would have effects unforseeable on the industry
To a degree, yes, but it wouldn't be crippling. Remember, Western (read American) developers pretty much were the core of early videogaming before the crash in the early 80s. Today, a remarkable number of western developers run independent of the Japanese side.Western developers have rediscovered their strength in game design.
I doubt Japan gaming would ever die, but it does seem that people are a lot more cautious about their purchases with the recession and all.