That enough to make me drop everything steam and go some where else. Although I thought that was a Valve project - no? I am used to being wrong these days.
Also, this Steam idea has one fatal flaw. Being tied to linux means I will most likely never go there. I hate linux with a passion. I would rather work with Windows!
I think you've misunderstood a few things:
- Steam (the program) runs on Windows/Linux/Mac/Android/PS3/etc,
- SteamOS is a Linux derived operating system _probably_ with Steams Big Picture mode as it's user interface,
- A SteamMachine is basically a customised PC running SteamOS (like XboxOne & PS4).
We don't know enough yet to say exactly what SteamOS or these SteamMachines are actually going to be like. What their UI will be etc, but Big Picture mode does seem like the logical answer, along with whatever their final announcement will be on Friday.
I'm interested in it all, will probably install SteamOS to try it out, maybe even build or buy a SteamMachine at some point in the future.
Generally though I think it'll be good to scare the pants off of Sony and MS

since anything Valve/Steam do in this area is going to cause a massive upset simply due to the number of loyal fanboys they have.