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I think it should, and it should demolish it, because Sony became very arogant after the two other consoles failed against the PS2. I hope, if the Wii beats the PS2 sales, that Nintendo won't do like Sony, and actually use their success for the better, after all, they always have. Sony already learned their lesson, don't be confident.

Every gen is different, and by Nintendo beating the PS2, it will prove to developers and "consumers" that originality is the way to go.