Although it doesn't actually use the console, it uses openGL to draw everything.
I think Toady justified the old terminal look with "It gives more freedom in terms of imagination", or something along those lines.
Even if their console doesn't take off, they ported the client and a few games to Linux, and if other developers follow suit I'll one day be able to forgo Windows entirely. I bet their console will run Linux anyway. And yeah, if the console is released I'll never buy another one... I'm done with Halo now and those are more or less the only 360 exclusives I have.
I've made the switch to linux and no longer have a windows partition. The final nail in the coffin was when I discovered that I could still play Diablo III using Wine.
I had a similar experience with Ubuntu, but it had the opposite effect on me.
I was interested in this emulator called bsnes. It had a linux port, so I wanted to give it ago. Though after 4 hours of attempting to compile the source and running into a chain of seemingly endless problems, I decided to give up and just download the windows binary and run it in Wine.
Wine worked great. But what's the point of running an emulator in an emulator? I mean if you're going to use windows apps for everything... why not just run windows?
I'm never going back to *nix for personal use again.
I've had the opposite experience to that, I've never been able to get Wine to work well. Programs always seem to be very buggy and unstable for me. I've also never had that much trouble compiling a program from source (even the Linux kernel, which is xbox huge).