• ”Reduce the classic five-year game console cycle”: We have to disagree with Forrester on this one. Microsoft doesn’t want to shorten console lifecycles. That would be suicidal, as manufacturers tend to lose money on hardware in order to reap big rewards on software sales. A 5-year console lifecycle allows Microsoft, Sony and Nintendo to milk those software revenues before they have to shell out again on costly console development and production. What Forrester really meant to say is that Microsoft doesn’t want to be the last one out of the gate this time around. They made that mistake by releasing the Xbox in 2001 giving Sony a huge lead in living room penetration.

• ”Build a frenzy of community speculation and support”: Well, duh. Which console manufacturer doesn’t want this? Still, Forrester gives Microsoft’s marketing machine deserves props for building “a frenzy” over the past six months “carefully fed by occasional press quotes from Bill Gates, leaked images, and viral messaging spread via Microsoft’s “ourcolony.net” site.”

• ”Offset some of its negative branding in the PC market”: According to Forrester, Microsoft’s approach with this gamers-first approach should win them the goodwill of the consumer market which tends to view Microsoft as the intractable monopolist.

• ”Break the new console out of the gaming ghetto”: Microsoft has signed an agreement with Samsung to “co-locate next-generation Xboxes with [Samsung’s] high-definition TVs in retail stores” which helps the company’s product escape the crowded gaming aisles and sit on shelves free of Sony and Nintendo consoles. The MTV launch is also an attempt to broaden the gamer market by changing the “games are for geeks” stereotype that still tends to plague the industry and depress sales. Microsoft’s taking the Xbox 360 to MTV is like that seminal moment in Bill Clinton’s 1992 campaign in which he played the Sax on MTV and answered questions about his underwear. He became hip and made politics an acceptable activity for the cool kids. Clinton’s campaign credited that appearance with giving the campaign a boost, and you can bet that the MS marketing gurus were thinking the same thing when they put this event together.

Did it work? Maybe, maybe not.

Reader commentary on the Joystiq/Engadget live coverage of the unveiling of the Xbox 360 was, for the most part, not positive, but then we’re not exactly the audience that Microsoft was trying to reach with the infomercial. They’re trying to reach the so-called mass-market teen who wouldn’t be caught dead visiting a site like Joystiq or Engadget lest he be branded a geek. It’s too soon to tell if the gains in that consumer segment will outweigh the losses from the techno-savvy consumer.

The link below leads to the Forrester research piece, but free registration is required in order to read it.