If you like jrpgs, some games to look into to (I can`t personally comment on the quality of each as I haven`t played all of them and not much of a console jrpg gamer anymore): Lost Odyssey, Blue Dragon, Infinite Undiscovery, Tales of Vesperia (if you don`t understand Japanese, the 360 is the only option for you) Magna Carta II, The Last Remnant, Ninety-Nine Nights I + II (II coming March 17th), Kingdom Under Fire: Circle of Doom, Operation Darkness, Spectral Force 3, Zoids Assault. Might be missing some too.

If the current lineup doesn`t intrigue you, keep an eye out for more details in the future regarding the announced Feel+ exclusive jrpg and Mistwalker`s next project announcement coming this spring (if it`s Lost Odyssey 2 or Blue Dragon 2, it`ll be 360 exclusive since MS owns Lost Odyssey and Blue Dragon. I wouldn`t be surprised if Mistwalker made a 360 exclusive new IP for MS as well. Install base isn`t everything. Mistwalker appeals to more hardcore jrpg gamers and the more hardcore jrpg gamers probably already did get a 360 (even if they already own a DS, PSP, PS3, Wii, PS2, whatever). Looking at this forum, while many are Playstation brand diehards here, a good number of them do own a 360 and like 360 jrpg exclusives (because if there were none, they'd be rightfully pissed off given they prefer stuff like FF13 on Playstation anyway) Lost Odyssey was successful at 800k+ world wide, 700k of which was from the west so Mistwalker have carved themselves a nice big niche among the Xbox 360 jrpg-playing community. It`s hard to sell over 700k+ in the west so it`s an achievement. The poseurs who say `yeah I love jrpgs` but play nothing but Final Fantasy, Kingdom Hearts and other stuff with Square-Enix on the box don`t count. If you want to sell over 700k, you need to persuade those poseurs. Dark Cloud is the only non-Square Enix PS2 jrpg (and it`s a hack n slash action rpg to boot, very different from a traditional jrpg) to hit 700k+ in the west. It ain`t easy.

It's all about risk and rewards...and M$ has taken a very conservative approach to gaming content...now Natal is a HUGE risk, but considering that Wii has already taken the major risk, it's somewhat of a very calculated gamble by M$, rather than a huge bet.  The issue as I see it is that M$ has tons of potential AAA IP, but they are laying dormant and gathering dust.  MGS was re-tool 2 years ago, and if you look at the development cycle of a game...it is about 2-4 years for most projects...and we've seen nothing to date from them. 

i know those games, the ones i were ported, played last remant on pc.

smith and tinker now have the rights to both mechwarrior and shadowrun. smith and tinker is also owned(in part?)by jordan weisman who had a hand in developing the rpg. weisman stated he wants to do a proper console shadowrun rpg but refuses to do so until the fps has left public memory.

He has an agreement with M$ to work on content..he doesn't own the rights...M$ still owns them lock-stock-and barrel.  I assume he's working on the Mechwarrior title for the 360/PC, but ultimately, M$ can push for a RPG in Shadowrun if they wanted to.

Just because Ms has the money doesn't mean they will do it.

Do what?  If you're talking about getting more games made, then that would be a short sighted view of the situation.  Let's look at the situation now, and when the 360 was launched.

If new content takes 3-4 years to develop, the new content we are seeing now, originated in 2006-2007 timeframe...sure some things get fast tracked, but in general, there is that time delay.  In general, the longer a console is on the market, the faster that games and content can be produces, which decreases cost and time to market.  I would say that the development for new content for the 360 is probably in the 2-3 year timeframe at this point.  I think M$ is going to try to use their software savvy to ease the transition from this gen the next.  With the “buffing” of MGS in 2008, I thought we would start to see them get more at the forefront at this point…but I guess not…their website hasn’t been update in about 100 years, and seem to be on an information blackout.

I just want a Rare game that I actually enjoy...instead they have Rare doing Xbox Live Avatar stuff and other things I don't care about. Kameo was the last Rare game I somewhat liked. Microsoft Game Studios should actually develop their own games too, that would be nice.

I don't think MGS has to be a developer, just be able to supervise development efforts...from a cost conscience perspective, M$ can then deliver 2nd party games and secure the exclusivity that it doesn't have when dealing with EA and the likes...ofcourse, M$ would have to fund some of the development of the IP, but it's an investment.

They lack the studios to develop the games.