"PC gaming never was all that popular."
Pass that crackpipe...I think you missed the 80's and nineties
"It peaked with Doom, and again with Starcraft then Counter Strike."
Dude, you are missing a hell of a lot of top selling titles. Frankly, you could list a load of topselling titles here and no matter how exhaustive you were, you'd be bound to miss a few. Diablo, Wing Commander, the Larry's/King's Quest's etc, Warcraft, HL, Deus Ex etc etc etc. The PC has made millions for gamedevs, and still does.
"Few PC games made a real dent in the industry by having sales numbers comparable with console titles."
/sarcasm: few console titles do, either.
"And when that rare developer comes along and gets big, they go out of business real quick."
That's the games biz for you. This applies to PC/consoles, hell, even hardware. Look at Sega.
"I don't think Valve will make it much further, seeing how banking on their Source license has been a big joke."
Engines are a nice secondary income (or primary if your entire business plan is set up for it, as EPIC's is), but Valve has made millions from HL2. Licensing their Steam system will net them more; you know this is gonna happen, too, even if at first just for mods which go commercial.
Personally I do agree with the conclusion: consoles are heading for a bust...but not before the PC gets into a mayor slums first. The PC is being ignored...but publishers will live to regret that, as the PC is /the/ platform on which all the console games are being develloped, where the modders eran their wings and the platform which all households have access to (for word processing/spreadsheets and internet). It's there, and to ignore it is to ignore that much touted 'casual gamer' market. Consoles are by definition not 'casual'.
So, yeah, publishers will ignore PC gaming for a bit (look at what happened with Halo)...but because of the size of the potential market, it can't be ignored. Appart from that, many games can only be played correctly with a keyboard/mouse/joystick/steeringwheel. Until consoles ship with those out of the box, those games will stay on the PC.
Oh, and as for Gears of war...the trailer looked nice (as they always do), but I couldn't find an actual gameplay video. From what I've seen so far, there isn't much innovation going on...just standard run/gun action with a cliche story tacked on. I'm much more excited about Spore
This comment was edited on May 24, 20:59.