mrstickball on 03 January 2009
No. The Playstation 3 is the Sega Saturn, not the Dreamcast.
The Dreamcast was made as a brilliant swan song of a failing company. The Sega Saturn was made by a company that had the whole world ahead of it, and totally destroyed any credibility they had on their 3rd machine (going from the Master System, to Genesis, to Saturn).
The parallels between the Saturn and PS3 are far closer. Both had great games, and very powerful architecture, but were horrible, costly choices for both Sega and Sony. Both will see major reductions in marketshare from their previous iterations. Both had the world ahead of them and lost most of, if not everything they made on previous systems.
Back from the dead, I'm afraid.
