ASeven wrote on Nov 25, 2011, 13:39:
The combination of surplus supply, terrible game quality and high prices meant that in 81 people realistically considered the gaming industry was dead, and it came very, very close to death.
a) Prices are generall lower than in the past and in some cases vastly lower;
b) Quality gaming exists in abundance; while there is a ton of crap shovelware out there, it's not at all comparable to the 1978 situation;
c) New technology continues to allow for new avenues for gaming (like cell phones;
d) Digital distribution eliminates the need for manufacturing/inventory costs, thus eliminating a huge chunk of costs and associate risks.
So no, this is not the same as the lead-up to the prior crash. Not by a long shot.This comment was edited on Nov 25, 2011, 16:51.