overall yes but to break it down.
OEM steam boxes: a failure. not one OEM managed to get the balance of price and performance just right. OEMs have a long history of making a mess of initiatives to try and sell PCs. i suppose one of the big problems is that OEMs dont make games so they have to sell the hardware at a profit. but they still didnt do anything to try and attract people to steam boxes.
Steam OS: sadly, so far, it hasnt made any sort of dent. the reality at the moment is that linux is still not ready for gaming. as i have said, it could be a fabulous gaming OS. but developers dont develop for 1% of the market. personally i continue to use steam on ubuntu and buy my games using a linux based OS as much as possible but i wouldnt recommend it to anyone who just wants to sit down and play some games. if you are curious and have a spare or old gaming computer though then it can certainly be interesting.
drivers are still an issue. on the AMD side we may finally, finally, be getting the drivers sorted with more open drivers which is great, but polaris will be in a bit of a no mans land in terms distro releases until october.
there has been a lot of progress in terms of game engine support, tools, debugging and so on it has to be said and, in fairness, the games i have played on linux generally just work (serious sam 3 is the only anomoly so far). games also keep coming. not the AAA blockbusters (which would certainly help) but it has better 3rd party support than the wiiu at least :P. but its still very much a work in progress.
at the moment i just dont see where the breakthrough will come from though in terms of more people using it. the desktop is pretty much the only area where linux is not thriving. unless HL3 is announced as a steam OS exclsuive (which would be a disaster) or there is a sudden breakthrough and all of a sudden all games are working faster on linux it is a hard sell at the moment. i do hope there is a breakthrough though.
on a side note though...my old PC (using a Phenom 2 X5 955BE and 4GB of ram and ubuntu 16.04) just clobbered windows 8.1 on a core i7 4700mq on boot speed (both using SSDs). linux distros are properly quick and i reckon if games were developed for linux (and the drivers were sorted) then gaming on linux would also be quite the performer.
steam controller: absolutely brilliant and i think its doing pretty well. there are active communities around it. for a lot of games itll beat a traditional controller. the trackpads are awesome, the flappy paddles should become industry standard and, overall, its just a pleasure to use. there are some issues on the software side but there has already been a ton of improvements since launch and they are still coming with each steam update. as a concept i think its a great success. the only major change i would make is make the left trackpad small and have it stick out a bit more so that it can be used like a proper d-pad.
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