CCP been talking about this for a long time, only new part really is the being on a console part...

As for whether it will succeed....I'd put it all down on that supposed 'interaction' between EVE and this game. If that, whatever it is sucks, then it's doomed, because then it's just another shooter.

Can't say I'm hopeful, Console<->Computer interaction is one of those holy-grails that's been promised time and time again and yet all have failed. Can't see CCP being the ones to finally do it....OTOH, EVE is pretty unique as far as MMOs go.