Gabe Newell is engineering a new home console called the Steam Box. It's supposed to be like a mini PC where you access all your games from Steam and play them on your tv.
Plus some other company is creating a system called OUYA. It's supposed to be an Android based $99 dollar console that lets you download and play games from the Google Play store. A console like this has a chance at least since the games will be .99 cents to maybe $5.00.
I just think people are tired of paying $60 for games with a strong emphasis on so many cutscenes and very little gameplay. People want games they can pick up and play, like Angry Birds and that other cheesy casual stuff that's out there for the casual market. Casuals are starting to out number hardcore gamers 4:1.