I listened to this today while at work.
I think the Ouya kickstarter got to be so popular because it combined the nostalgia factor that you guys talked about but it also has indie cred that Microsoft, Sony, or Nintendo will never have. The nostalgia aspect is important because in this economy, there are probably a lot of poor, broke nerds who pine for the days of yesteryear when the biggest problem they had was getting their homework done so they can go back and play Halo, Mario, or whatever. The Xbox 360 and PlayStation 3 remind them that they need pay bills and shit.
Also, I went insane with the Steam sales. I probably have enough of a backlog for the next two years!