there is not one single good reason for upgradeable consoles (outside of HDDs, nice to have that option).
it works on PCs because a lot of companies rip lumps out of each other to get a slot in a PC, laptop, tablet or super computer and there are etablished standards for developers to use.
an upgradeable consoles would only be a price gouge for people. do you really think MS, sony and ninty would let hardware manufacturers compete for a slot in a console upgrade? not a hope. they would make it themselves and charge an absolute fortune.
it would also break up the market hardware wise and remove many of the advantages of a console. many of those advantages are being eroded from gen to gen as is....this doesnt need to be another one.
it would also cause confusion. notice now that MS and sony have released one and only 1 SKU for their consoles. no messing, no trying to understand what comes with each one. there is only 1 PS4 model and 1 X1 model. no messing.
5 year gen cycles is a better option. the PS3 and 360 should have been put to the sword around 2 years ago.
past console upgrades like the N64 ram module existed simply because the initial design was flawed and they were trying to patch it essentially. the X1 and PS4 dont have these problems. they have their limits and quirks but nothing that causes serious headaches.
also remember that, at the end of the day, hardware does not sell hardware. games sell hardware. services sell hardware to a lesser extent. very few people buy a console just to have a console.
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