So E3 rolls around and Microsoft redeemed themselves from the Xbox One. All is good, tons of people are now gonna buy the Xbox One.
One hour later, the Valve press conference happens.
Gabe Newell gets on stage and announces the official Steam Box which retail around the same price as both the PS4 and Xbox One. Everybody forgets about the Xbox One and PS4 and buys a Steam Box instead.
If this happens, I'll lose my shit.
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I doubt a Steam box would appeal to that many people. The only people who have knowledge of Valve and Steam are the PC gamers and the hardcore console gamers. The PC gamers probably wouldn't give a shit about the Steam box, having their own PCs. The hardcore console players will most likely stick with their Xbox/PS, and even if some do go over, the numbers will be tiny.