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The Dreamcast went as low as $50 and even that didn't save it, price isn't everything when it comes to consoles.

And casual gamers are already migrating away from consoles because they can play those social games on the smartphones and tablets they already own, why would they buy another console that plays the same games?

For any game that I want to play for more than 15 minutes, I'd rather relax on my sofa with a proper controller and play it on a screen that is not on my lap requiring an uncomfortable neck position.

You were talking about casual gamers.

Playing Tetris for an hour is pretty casual compared to something like an RPG that requires 30 hours to complete.

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