Television is coming to Xbox Live with their Fall update, so says Bloomberg.  When the new layout arrives to change the UI of Microsoft's gaming console, it will bring with it Verizon Comcast and a host of pay TV options.  It's as if we won't need our cable boxes, and can just use the Xbox for everything.  

I myself use our Xbox as much for Netflix as I do for gaming.  Heck, as I write this I'm streaming in an episode of Mad Men in the background.  Gaming consoles are no long simply gaming devices.  When the PS3 was launched they touted it as a home media center, but the multimedia industry wasn't ready to take them up on their offer and make use of the technology.  Now it seems that the day has finally come when the gaming console is no longer just for interactive entertainment.  

Which leads me to today's discussion topic:  Do you see this mainstreaming of our gaming consoles as a good or bad thing?  At what point will consoles merge completely with multimedia tech, and which company do you think will win that console war?