Natal aside, Microsoft needs to release a version 2.0 of the 360, with smaller, cooler, more cost-effective RAM, VRAM, CPU and GPU. A new layout for airflow would help with longevity of the hardware, too.
They could even keep the same prices that they already like, citing "development costs."
All hyperbole aside, a longer development life-span is almost always a good thing with consoles. It gives developers time to get to know the hardware they're working with, as well as its quirks and limitations. There's a reason that until recently the PS2 was still outselling the PS3 and XBox 360.
Full disclosure: I do not own a PS3 or a 360. I have a Wii and a fat PS2, and I plan to purchase a PS3 in the near future, not because of its gaming capabilities, but because it's one of the better Blu-Ray players on the market right now (still).
They could even keep the same prices that they already like, citing "development costs."
All hyperbole aside, a longer development life-span is almost always a good thing with consoles. It gives developers time to get to know the hardware they're working with, as well as its quirks and limitations. There's a reason that until recently the PS2 was still outselling the PS3 and XBox 360.
Full disclosure: I do not own a PS3 or a 360. I have a Wii and a fat PS2, and I plan to purchase a PS3 in the near future, not because of its gaming capabilities, but because it's one of the better Blu-Ray players on the market right now (still).