If either three companies drop their console development efforts, it would be a major blow to the gaming industry as a whole - as some people have already mentioned. While there are people out there who religiously support only one console over another (the scientific term for them is "Fanboys), it doesn't take a genius to realize that it's the stiff competitive nature between the different companies that pushes them to innovate both in terms of hardware technology, and software. If there's no competition, there's less or no innovation at all and the industry becomes stagnant. I hope even the fanboys realize this before they start mudslinging and flaming about which consoles should die. In any case, I would actually be more worried about PC gaming as a whole, as opposed to console gaming. Even if the consoles have had their problems, they still sell millions of units, and even more games. If you look at the record breaking sales of COD Modern Warfare 3, it definitely doesn't seem like things are slowing down in that regard, even when you consider the recession and these difficult financial times everyone has been going through (people play games to relieve stress, no?). But PC game sales don't reach numbers near as high as their console counterparts. Add that to the problems introduced by piracy, and you have a recipe for a looming disaster in the future.