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VBI said:


For one, that's assuming that the 360 releasing against a then dominant PS2 was a good idea. It didn't have "no competition" for a year as suggested.

 

I think you are misunderstanding what the one year advantage really is. Almost every new console, including all three that are out right now, suffer a real drought between their lauch and sometime after their first anniversary. The 360 reached the end of this drought period at about the same time the other two were launching; they had huge droughts just when the 360 lineup was getting good - this was a huge deal in 2007 (the much better 360 lineup that year probably contributed to the low ps3 sales) .