This is a future often conjectured these days. Feasible? Not really. Imagine a world where PC gaming died out after the release of the first Xbox. Who would go out of business? Well, first Nvidia and ATI would either go down or reorganize to provide low cost Integrated solutions akin to Intel's "Extreme Graphics" line. What work would be done on GPU's? None. Sure a bit would be done for workstation use, the demand would be no where near big enough to fund the massive amount of R&D necessary to survive in the the GPU industry today. Come time for the Xbox 360 what would GPU manufactures have to offer? It would only be an incremental upgrade up from a Geforce 3. Is that good enough to convince people to buy a new console? Only PC gaming fanatics would be able to see a difference there. Consoles depend on games for sales. The hardware is sold at a loss. It would be impossible to push a new console that offers mediocre improvements over the old system in addition to building up a new game library (Hardware would not be nearly powerful enough to do emulation).
It's the PC gamers that push the industry to it's limit. With out that push the concept of better graphics will be only a memory. In the end MS could never have funded the years of research needed to build the R500 and it's underling tech. The PC gamers did. Companies need to remember that it's us buying 500$ video cards every six months that keep them going. I think we deserve more respect and fewer half baked console ports.
My two cents.
It's the PC gamers that push the industry to it's limit. With out that push the concept of better graphics will be only a memory. In the end MS could never have funded the years of research needed to build the R500 and it's underling tech. The PC gamers did. Companies need to remember that it's us buying 500$ video cards every six months that keep them going. I think we deserve more respect and fewer half baked console ports.
My two cents.