What? How is that the same thing? All they need to do is create a controller mapping for console that allows for flexible inventory management. The moment-to-moment gameplay will take place over shorter distances, which will just happen naturally due to the way shooters are played on console. That's not a "major overhaul", it's just modifying the controls.
It's a competitive game. You seriously don't think people will be exploiting the fact that most people sit an unreasonable distance from their HDTVs to make life hell for your average person?\
Ok, now I have no clue about what you're talking about.
On PC nearly everyone is sitting several feet from a high resolution monitor. You can easily see sub pixel size people looking over ridges or peeking out from behind trees. On console people will be sitting in normal living room conditions and these same people will effectively be invisible. This is a huge issue that will be exploited.