They must be putting something in technology exec's water this week. First Steve Jobs turns into the DRM Terminator, and now, Itzik Ben Bassat, VP of Business Development at Blizzard is claiming that there won't be a need for consoles by 2012.
He does actually raise an interesting point. Instead of having just one console attached to one TV, you could have a computer that could stream your movies, pictures, and even games to any TV. It would definitely make the idea of downloading video games more appealing, instead of locking them to just one console.
WOW developer keeps close eye on Sony and Microsoft [Games Industry]