Kinda like when the internet eclipsed magazines, with the available bandwidth the entire concept of owning a physical copy of the DVD with the exception of backup purposes in regards to porn will be almost forgotten.
The porn industry was right once for the right reasons. Unfortunately they're missing the boat in great part now.
Also, there are plenty of games that simply need a PC. Can you imagine trying to play something like SimCity 4 or Civilization 3 on a console?
Other than that, I agree with your post.
As far as better graphics etc.: I think the gaming industry has for the most part completely lost touch with reality in terms of what people want from a console. The Wii is the exception - it is super fun and exciting, and can be enjoyed by a broad spectrum of people. It's the only new generation console that doesn't support HDTV, and it is clearly inferior to the 360 and the PS3 in terms of hardware, but people love it. That's why they're selling tons of units to people who don't give a crap about screen resolution, numbers of polygons, or frames per second. They are selling to people who just want to have fun, and it's working very well.
I bought seasons 1, 2 and 3 of The Office from iTunes and regret it. Yeah I get season 3 before it's even out but Now I need to have around 15 GB of data of storage for that and external drives are just a pain in the ass.
Let's not even talk about the storage needs for my porn collection.
See...whether you're weird or not the answer is "no." You don't want to have to dedicate that sort of space to porn.
Remember that bit on "The Man Show" where they offered the service that after your death they would show up at your house and de-pornifiy it and do other things? Going electronic media only is in effect doing the same thing.
While I will agree that the storage requirements are what they are there are two things to keep in mind:
-The price of hard drives is always coming down and the size of them is always increasing.
-No one has done a content delivery system well enough yet. The footprint of the media needs to be lessened or the technology for streaming media needs to get better.
It's going to happen....it's just a matter of time.
Unfortunately I think they're likely to fail unless they can figure out their online offering.
Microsoft does a great job, but they're not burdened with the restraint that comes with a target market as uninitiated as the market they're picking up.
Nintendo needs to make dead certain the experience is squeaky-clean or they risk dealing with folks that will pull the plug because of it.
Yes I understand unlikely but I'd much rather have phyiscal media.
Also, computer monitors have been running 1080i resolutions for a little while now and you can easily plug your computer into a 46in LCD TV if you so choose to (plasma's no good for gaming), so the graphics display argument is pretty much moot.
If you can't play good, play loud.
Guitar -> Wah -> Amp -> Cab
Any modern plasma should be fine for gaming. The burn-in issues of the older plasma TVs are no longer a serious consideration due to improved phosphors and anti-ghosting firmware features. Most top-tier manufacturers are now claiming that ghosting is no more of an issue that it is on a modern CRT (when was the last time you heard of a CRT suffering from ghosting?)
Of course, LCD's are completely immune to ghosting/burn-in, but they still suffer from the drawbacks of LCD: poor contrast, color richness, and viewing angle compared to plasma. IMO, the only reason to get an LCD nowadays is if you intend to use it as a computer monitor that displays a mostly-static image (such as those flight departure/arrival screens at airports), or if you are putting it in a brightly-lit room since LCD's are much better at handling glare.
Remember kiddies, at the end of the day, the PS3 is still a much more powerful machine than the 360 & Wii. Anyone here know what folding, or folding@home is. Go look up the statistics, esp. those between the PC (equivalent to the 360 processing power) and the PS3, In just a matter of weeks after coming onto the market the PS3 overtook the amount of data processed by all combined PC's running, some of them for years. I'm not arguing which system is "better" here, I don't care, I like my PC, but when people say the 360 can match the performance (and future performance) of a PS3 it just simply isn't true.
-Blasphemy is a victimless crime