Being totally frank, here: Sony NEVER understood gaming. From the horrendous Polygon Man advertising campaign on the PS1 to the launch of the PS2 without a single first party game to the total fuck-up of the PS3's launch, Sony never knew what they were doing. It's just that the competition just kept fucking up even more.
You have no idea how much it pained me to sit back and say "What the hell, Nintendo? Why are you doing this!?" As they made one obviously boneheaded decision after another. Meanwhile, Sony sat at the top of the industry for doing absolutely nothing but making decent hardware and waiting for Rockstar, Capcom, Square, Konami, Namco, etc. to make the next big system seller. It was frustrating.
Sony seems to be doing better these days but their obvious lack of focus has finally become apparent. It's lightening hard as hell outside! I'm getting the fuck off of the internet!
I think the last 3 years have been the best a Playstation home console's ever had, when it comes to just games. It's been incredible, but the competition's also been great, so that's why it's gone unnoticed for the most part.