I don't buy a console, especially a sony or microsoft one, for the online value, or the things that I can do on my PC. I buy one with the idea that I can get with my friends and play in a single room. I don't want to connect with them online. I want to LAN together. I want to be able to take a console to a friends house, LAN the consoles, and have a party with everyone in one room. The death of the console kills the social aspect of gaming. You can make the argument for MMO's being social gaming, but it's just so impersonal.

Consoles are the reason most people game; only hardcore gamers use their PC exclusively, and if Sony moves to MMO's for the PS3, there's practically no reason for me to even use my PC for games.