Btw guys, Gabe is one of the "Microsoft Mafia." iirc, he made about 18 million because he was one of the first guys on the team, bounced out and then founded Valve.
This guy has a mission, and it isn't to just make a fuckton more money, because he had that back in the 90s.
Even if he doesn't have a mission, and just wants to have fun, his estimated net worth is over $1,500 million ($1.5 billion in U.S. terminology), which is why he can continue to reject EA's attempts to buy out Valve.
I guess I'm envisioning this in my head as something totally different than anyone else. I'm not thinking about some jumped up HTPC. I'm think of an actual mid/high end gaming rig that they sell for a loss for $600-800 bucks. Think i7 quad core and $200-300$ GPU. They need to make the specs for the price very enticing so they can get people to buy into the steam ecosystem and spend loads of money on content.
I do believe it will have specialized input devices of some sort. I remember seeing some news about them hiring a peripheral designer recently.
Either way, I'm interested to see how it all turns out in the long run. Of any game developer trying to break into the hardware scene I see Valve as one of the few capable of pulling it off.
How big of a market is there for such things? I don't think the market for $600-800 Linux-based PCs is that big, especially during a deep worldwide recession.
Imho, a Core i7 is overkill, especially in a not-so-multithreaded gaming world, and so are $200-300 GPUs... you can get a HD7950 overclocked to ~7970 levels for less than $300, perhaps with a few games thrown in for good measure. That's overkill for TVs. What are most people on, 720p and 1080p TVs? Even 720p looks pretty good on many big screen TVs at typical viewing distances, btw.
Sony/Xbox lost money on hardware for years before making money off software license fees, but they had the scale to do that. Would a Steam box have such scale? Even with 30% cut off distro, I don't think PC gaming on a Linux box would be lucrative enough for Valve to break even for a very long time, and maybe never.
Btw the higher-wattage the rig, the more fans and cooling and bigger the space and more that people will complain about ruining the aesthetics of the living room. I personally don't care but I know my gf wouldn't be thrilled to have a hulking, whirring thing next to the TV.
Yes I've heard the same rumors about input devices which is why I mentioned it... we'll have to see what they come up with.