Sony projects $1.1 billion loss, is going to fire 5000 people, spin off TV & PC

[Weltall]

Different consoles means that each company can design their product differently based on target demographics. More than one console has given game developers themselves flexibility when one company becomes tyrannical (Nintendo). All other concepts of economics apply too, driving competition etc.

Gamers are better off. In my eyes, it's more of an issue since the introduction of a third console. It sucks to have to buy all three, but just one of them should be enough for valuable entertainment video game product food stuffs.

Playstation and Xbox pretty much target the same demographic.

The problem with this is that not everybody conforms to demographics. I like to play games that are within a lot of different demographics. It is stupid that I have to buy three different consoles in order to be able to play everything I want to play.