(Source: Gamesindustry) from the
article
Microsoft may be making a colossal mistake by trying to force
the industry into a next-generation cycle before it is ready
to move. Sony, with its enormous dominance of the market, could
probably just about get away with it - if it moved, the industry
would have to move with it, however much it hated the idea. But
Microsoft, still a relatively small player in the games industry,
just doesn't look like a company that has the influence needed to
force a shift like this. It may be backed up by the biggest
software company in the world, but publishers will still look at
the bottom line - in this case, installed base and cost of
development - and base their decisions on that alone. Herein lies
the arrogance; Microsoft isn't used to making decisions as an
industry small-fry, and it's trying to act like an industry leader
in an industry it simply doesn't lead.