TechSpot published The Steam Machine: What Went Wrong
A quote from the article:
2012 was an important year for Valve. The company introduced Big Picture Mode - a Steam interface for the living room holy trinity of big TVs, joypads, and couches - it was also the year Gabe Newell's behemoth revealed the development of a video game console. A year later, Steam Machines were unveiled as "a powerful new category of living room hardware.The Steam Machine: What Went Wrong @ TechSpot