Why did the dreamcast fail?

[Tispower]

Jonbob0008 said:
I'd like to point out a factor that hasn't been pointed out. Another reason the Dreamcast failed was because the library of games for both the Playstation and N64 were so strong. People playing on these systems were still having a great time despite the outdated hardware. They were perfectly willing to wait for either the PS2 and Gamecube (less so) to come out before investing in a new system.

Yeah, suprised no one metioned this before, especially as many people have basically said "why did it die with so many good games", but that doesn't mean there were equally good games on the other consoles. Plus, I'm sure the EA support for other consoles helped, because they do make some good games =P