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Kojima has some interesting analogies. I prefer this one, because it is the most confusing.

From his perspective, each of the three consoles represents a steak dinner:

"If the game creators and the users want to have a great steak for their anniversary, they go maybe to PS3. But if they want great dinner, great steak with their family, a little bit more casual during the weekends, they might select Xbox 360. Or why not have a great steak at your house everyday, they might choose Revolution (Wii)."