PS3 was actually the most hated console ever made when it launched. I admit, I was one of those people, and stand by my beliefs at the time. At the rate it was going, in its' epic weekly duels with the Game Boy Advance, there was no way it was ever going to hit five million.
No one but the fanboys thought they'd reduce the price by $200 when they were already deeply in the red. Both sides were right, in a way--they reduced the price, but they had to sell some important division of their company just to afford it.
It also didn't have anything to differentiate itself from the Xbox at the time. Its' multiplat games were better on 360, its' few exclusives had higher-rated alternatives on the 360, the system was twice as expensive as the 360, Blu-Ray was nothing at the time, and Microsoft had a far superior online service.
Not to mention that Kutaragi alienated everyone by calling anyone who buys their system a moron. "We could launch with no games and sell five million, because YOU LOVE PLAYSTATION!" "You should want to get a second job to afford a PS3!"
Basically, the hate was justified at the time.
Now that they've gotten rid of Krazy Ken, dropped the price to merely a 'high-end piece of equipment' level, shown that it's more than capable graphically, and gotten some high-end exclusives of their own, Sony has my respect. That doesn't, however, invalidate my previous opinion of them.
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