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Just because the Playstation 2 has sold just over 100 million consoles, does not mean it will again. A 1/4 of the those are DVD only as far as I can tell. I have only one friend who ever bothered to buy games for his, rest just use it for DVD's and a cd player. Don't believe it? Just look at the total games sold ration for all three consoles, the PS2 should have ALOT higher numbers than it does.
PS2 has substantially better attach rates than Gamecube... Not sure about XBox...
Of course using this argument also goes in favor of PS3 again. The question is this, do people want high definition movies? I don't know the exact answer, but look how long it is taking for people to buy HD tv's. I mean given the choice, I still see people buying SDTV's instead for the price, and cannot see the justification in HD, and why should HD movies be any different?
People want HDTV... But not for the HD movies or games! The one videogame market with huge HDTV adoption is Japan. Why? Because they're "high tech savvy"? Nah. They're a densely populated country, with smaller homes and have more use for thin TVs they can mount on the wall. In the West, HD adoption is happening for the same reason, just more slowly.



"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."

Satoru Iwata, Nintendo President. Only slightly paraphrased.