Recently alot of new innovations have been announced for the gaming industry.These all whether succeed or fail are going to impact the industry.We all know know MS,Sony and Nintendo will try to get all of these features such as 3D games,Motion Controls and Full HD games in their next consoles.

Because of this more and more developers will start to include all the features in their games.Now to implement all the features takes time as well as money we can notice from the various production delays and high development costs this gen .This is going to impact the industry in a big way as game prices could be increased and many other things could arise.

Discuss how you think the industry will be affected and what will be the future average development time and production costs for games

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All that is already here...on the PC.

PC gamers are way ahead of console gamers...I mean, PC gamers have had cool controllers for many years that are purpose built.
Such as this - http://gear.ign.com/articles/833/833067p1.html

PC gamers usually play games in 1080p minimum...if not higher.

3D gaming is available on the PC and its already bloody expensive.

Future is here...today...on the PC.

yeah but most of the PC games are noway near console games in terms of brand and exposure.

Hardcore Console gamers want all these features included in big games like HALO,FF,MGS,GT,ZELDA,etc

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As far as I know, and correct me if I'm wrong plz, you can't tell the difference between 720p and 1080p if yu don't have at a 40" screen at least. Now how many pc gamers play on that size screen!?

yeah what the hell can u make out on a 23inch PC screen

It has more to do with how much of your field of vision the screen takes up. I'm on like a 15" screen running in..... 1050p, I guess, and I can definitely tell the difference, because my face is only a couple of feet away from the screen.