I doubt it's going to happen.

BluRay has no more of a chance of lasting 20 years than DVD had.  In fact, disc media in general is going to be a thing of the past probably in the next 10 to 15 years. 

And furthermore, Microsoft is in business to make money.  So is Sony.  So is Nintendo.  They make money by selling things to customers before their competitors can.  It's not a personal vendetta against retard fanboys.  It's business.  Ask Sony, if they had a chance to put Microsoft out of business, don't you think they would?  Do you think that because Nintendo makes cute and cuddly Mario games that they would not devour their competition if given the chance?

Do you guys actually think ANY of these companies actually care about you?  They don't.  Developers and publishers don't either.  All they want is to make a game/console and sell it to you.  That's it.  They're not doing it because they love you as a person or because they particularly care about your personal experience with their product.  After you shell out the money for it, they personally don't care what you think.  

Microsoft has not failed in any way, shape, or form.  They have taken significant market share away from the top player in the console business.  Their market share combined with Nintendo's has put Sony in third place.  That may be only temporary, but I hardly call it a failure.  All three companies have had their failures.  MS has had the hardware issues, Nintendo has had issues with their "kids and old people" image, and Sony had issues with mass appeal, pricing, and lack of software at launch.  And all three companies have a viable product out on the market.  At the end of this generation, they still will.

This will sound harsh, but:

It's funny to see Sony fans getting worked up over the same kind of action Sony took when entering the video game market. Sony would still be doing more of the same today, were it not for a higher bidder having entered the auction (MS, of course).

Next generation, Sony will have to fight with more than money (like Nintendo did), because in the money game they have met a superior foe.

I would find such a move humorous. Mostly due to the Sony Defense Force members that would go entirely off of the rails. Despite the fact that Microsoft is actually quite bereft of first party developers, has allowed developers to spin off, and has actually been the friend to third party developers. To put it bluntly compared to both Sony and Nintendo. Microsoft is a benevolent figure on the gaming stage. So screaming the Microsoft is some evil force in gaming is just plain laughable.

That said I highly doubt that Microsoft would or will purchase Take Two. Microsoft has a winning strategy in place with regards to exclusives. They purchase them from third party developers. Why purchase a developer when you can still get their games exclusive to your console merely by purchasing the exclusivity. For the short term that is far more cost effective. Further more you avoid certain profitability issues in regards to console exclusive production.

Think of it in these terms for purchasing Take Two Microsoft could purchase two hundred and fifty exclusive titles paying out ten million per title. Even going to twenty five million per exclusive they could still purchase a hundred exclusive titles. They could basically bank roll a hundred exclusive titles. Now is Microsoft doing that no, but if they are just putting out fifty million dollars per financial quarter to do so. Then that means they are probably getting themselves three to five exclusive titles per quarter, and in the coarse of a year that probably equates out to fifteen to twenty exclusive titles. That is more then one decent exclusive per month.

Further more as time progresses they will be able to do that with more frequency as they divert that from Live profits. Think of it like this the more people that pay for live the more exclusives Microsoft will buy to ensure more people pick up live. That is a perfect revenue circle. With the added bonus that they do not have to deal with staff defections, faltering studios, or unprofitable studios. Which Sony at least does have to deal with. Not all studios that Sony picks up are money makers. A good number of them are eventually disbanded.

Bottom line is this Microsoft does not purchase third party developers. They have enough in house developers to plug holes in the library, and leave their capital liquid enough to purchase all the must have games they need.

Obviously I didn't mean that, but nice spin. You should apply for a job at Sony's PR team.

I think everyone would agree that MS needs to address their first party situation, and the quick fix would be through aquisitions. The fact that they can no longer buy third party exclusivity and need to rely on gimmicks such as "exclusive DLC" is a problem for their overall library.

MS/Sony/Nintendo will never be able to buy a Take Two or EA. These companies have diversified their revenue streams across multiple platforms. The price multiple it would take to secure a purchase would make it cost prohibitive to convert one of these companies to first party.

Bolded the main reasons why your post is wrong.

1&3 contradict each other. 4 is wrong, Nintendo hasn't had a loss since entering the videogame market.  2 makes no sense, I never mentioned my personal preference.

Next disc formats aren't going to die.  Why? Because retailers will not let it.  Do you think Wal Mart is going to sit by and not find a way to tempt movie studios and game companies to continue to stock shelves with discs?

VHS is still around, DVD is still around (it's only been around for 11 years, but it is not dying any time soon), Bluray is only beginning to become mass market.  DVD and Bluray will coexist quite nicely for a while.

Of course MS wants to make money.  The way MS has always made money is by killing the competition and then raising prices.  They are trying to do that with gaming and it is not working.

LOL at SONY fanboys. Seems they cant stop complaining. Looks like SONY domination is turning into a dream.