I chase high-impact projects. They don't need to be lottery-style, but they do need to have degrees of widespread use. In this case, the market was premature. No matter how much "time, effort, and little patience" wasn't going to change the world overnight to use smart TV's! (Otherwise I would have stuck with it :)
I guess he couldn't charge people money and then not support their system.
There have been a lot of attempts to consolidate the remote market. Woz tried. iRiver made an iPod mini competitor with an embedded remote. Then there's AppleTV.
It would take a lot of time to get everything consolidated. And when you are finally making a bit of money, the industry will consolidate itself and your competitors will just target the new, consolidated standard.