Obryn
Hero
I think you have a misunderstanding of what "core" means for 4e, as opposed to earlier editions. I say that because this is a pretty ... well, insane philosophy.New "core" books each year is upkeep and maintenance that the customer doesn't have to need.
Just claiming PHBII as core just means that the first 3 books are not a complete game.
For 1e, 2e, and to a lesser extent 3e, a new core book likely meant you may need it down the road as a reference material for other products.
For 4e, there's no such assumption. Because NPCs and monsters are built on separate systems, their entire combat capability is summed up in a stat block. If there's a Swordmage in an adventure, I won't need to have the FRPG to figure out what that Swordmage can do in combat.
It's a marketing gimmick. It's also a philosophy - as in, "We'll concentrate on making universal books that can be used in any setting."
4e's PHB2 will be no more needed for 4e than 3e's PHB2 was for 3e.
-O