It depends on the quality. If you want to add a gaming capability with PS2 quality graphics, you won't increase the cost much at all. If a smart TV needs a decent chunk of RAM and a hard drive anyway, it can probably include PS3 level graphics without a major impact on the price.Madman123456 said:The "all in one" device wont happen just yet; the hardware isn't cheap enough to just throw it in with a new TV.
Even on these forums you frequently see people saying "why should I buy a gaming PC when consoles are cheaper?" and "what's the point in next gen consoles?". If we gaming enthusiasts don't feel that extra fidelity is worth spending money on, it's likely that the masses will come to the same conclusion, and will refuse to buy the PS4 or the XBoned if they've got PS3 quality gaming built into their TV.
Also, what sells a console is what it can put on the screen, while important details like the RAM and hard drive space required to store what it puts on the screen do not sell the console and are generally the minimum they can get away with. Hence the console gamer is subjected to linear games and frequent loading screens. A smart TV is more likely to need a decent amount of RAM and hard disk space, but not need excessive 3D rendering hardware, resulting better games. Games with larger worlds and more freedom. And everyone will have played them and will compare them with next gen console games.
Lastly of course there is cloud gaming. Stuff like Onlive. It's a bit of a wildcard, but it's likely to happen. You don't really get the game of course, but you can still play it, and you can avoid the cost of whatever hardware is required to run it. And the XBoned is just as bad. Many people don't have the necessary internet connections, but internet connections are always being improved.
AAA games with the blockbuster mentality like Tomb Raider will adopt this model. Publishers will be excited because it's the ultimate DRM, while gamers will not be overly discouraged because they know they were only going to play it once anyway. It's this kind of game where photorealism is most desired, and a game that is designed to run on a cloud server can eliminate loading, never drop fps and look far nicer than anything running on next gen consoles, especially once the next gen starts aging.
People will play the majority of their games on their own hardware, but the ability to play games that look much nicer than is possible on next gen consoles will reduce the desire to own such consoles. While they will still have smart TVs.