Interesting, and sounds logical. I agree with you although I'm not an RPG professional, so my opinion on that probably doesn't really matter.
I have a question, but I'm not trying to start a war, and I'll start with the caveat that I think 4E is a good game, even though I don't prefer to play it. So, dear readers, please don't start a war over this.
Do you think that making new editions also fractures the customer base into smaller and smaller niches?
I understand the need for new editions from a business standpoint, but does the very reality of this necessity create a slow death spiral for the game?
Intial game - eventual diminishing sales - new edition - renewed sales but fractured customer base - eventual diminishing sales - new edition - renewed sales but more fracturing of customer base - etc., etc., etc.
Do you think the fracturing could be mitigated by a company continuing support for older editions? (In at least some form?)