Ah but there is my problem. I for see technology of televisions and games going further. Holographic VR further =D I don't foresee the handheld screens doing that and by the time they can at the level of a console then I would imagine the next level of VR would take effect. That is why I don't think the console will ever be obsolete in favor of pure handhelds.
The processing power can always be shrunk but I think the future of how we use visuals will require more of a full room. It is kind of like I said w/ the Kinect. You are not playing dance dance what the smurf ever on the bus. Certain games demand the home console and space of the home to do it. Sure they could just make a portable system and you could just hook it all up and only play that game on your TV and never on the road. They could make it but they will not for much of the same reason RTS games are primarily PC games that get the occasionty port that no one really cares about and is clearly just a quick cash-in to try and get a few more bucks out of the game.
I do believe that handhelds can be the future leader of the industry and be the main driver of sales.






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