I think the guy is avoiding some really key pieces of information to make his point.
How is this different than SNES and Genesis or PS1 and N64? This generation has an almost complete disregard for younger gamers on the two HD consoles. 3 or 4 quality family games is not enough.
But it's nothing new.
Nintendo brings in new gamers every generation... they are called portables. Nintendo just doing well in consoles now.
Gaming is not at risk like comics.
Comics had to go up in price. 25 cents was not profitable anymore. That's why newspapers fail and magazines succeed. There was no lack of kid friendly titles, there was a lack of profitability from cheap comics.
Games have always been the way it is. Yes development costs are too high now, but it has grown with a growing market. Comic production costs didn't go up on the production labor side it went up on the cost of materials, transportation, and retail labor.
I agree that console are toys.
To the people that says the PS3 is a movie player, what do you think a movie player is? It's a thing we use for entertainment... that isn't to different than a GIJoe, a thing we use for entertainment.
Games, Entertainment Devices, and Dolls are all toys.
Whether it's a little plastic replica of a boat or a real recreational vessel... guess what? Toys.
A basketball or football? A toy.