Nice post, and I agree with some of what you are saying. The videogame industry seems to be really quite fickle - companies can fall as quickly as they rise. Nintendo started to show signs of weakness in 94-95; the Playstation and Saturn were out and picking up decent sales and Nintendo just sat back and kept delaying the N64. They avoided the more sensible option for storage media and retained the expensive and restrictive cartridges, finally entering in 96 with a fantastic machine and some of the best games ever but having lost a huge amount of mindshare to Sony which they just couldn't make up. This all started of course with the Genesis / Mega Drive which gave SNES a good run for its money in the west. Signs seem to be pointing towards a similar fate now - an expensive machine, later launch, loss of many exclusive titles, an arrogance towards gamers and developers; can Microsoft come out on top this gen? I think they can.
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