QUOTE(Evtrek @ Jun 30 2009, 07:08 AM)

Why do you people insist on calling it the 720. Thats not what they are going to call it so why are you.
How about the next xbox!
It's a quick and easy way to say/type "the next Xbox".
But anyway, I agree with most here. Japan IS becomig less and less significant in the console wars. Is it still an important territory? Sure. Is it anywhere near as important as NA? No, but it used to be.
The single most important market for any product is going to be the largest market and everyone knows NA is the largest market.
Even in Japan, Sony is struggling right now with their PS3.
By 2015, as most have pointed out, MS will definitely have a new console by then as will Sony anyhow. They both hold on to the "10 year cycle" claims but they really mean they will keep supporting those consoles through the 10 year mark, or so says the claim. They'll both be deep into their next consoles by then, and at that point, in 2015, the 360/PS3 won't even matter anymore.
If MS is first to market again this next console generation (and they are definitely shaping up to be), and they release a console that's cheaper than Sony's next console, I think MS will dominate Sony yet again. The developer support will still be there for the next console generation for MS, so to me it'll all be about price point for the hardware and who's first to market. There are other factors, obviously, but to me these are the most important ones.