http://www.theverge.com/2012/3/2/2840932/exclusive-valve-stea...
Theverge posts another exclusive. funny enough this is from the Verge Part of the site and not the Vox Games part which lends it more cred.
Recently there's been chatter that Valve — the company behind the massively popular gaming service Steam — has been considering getting into the hardware business. Specifically, there have been rumors that the company has been toying with the idea of creating a proper set-top console which could potentially pose a threat to the Xbox 360 and PlayStation 3. Valve co-founder Gabe Newell even recently told Penny Arcade: "Well, if we have to sell hardware we will."
So next will be interesting. Between this, the Sony Vita news, Xbox Showcase, and the rumored Nintendo X Crytech collab this will be a great GDC.
But the question I pose is if this turns out to be real and does gain traction which of the current console makers have the most to lose from this. I'm thinking this could hurt all three but have the impact of Sony the most of all.