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Because the N64 and GC didn't have any reason to buy unless you like the games.

1. PS1 had great games like Final Fantasy 7, Gran Turismo, and Metal Gear Solid and it was a cool new CD format instead of cartridge (don't know if that helped or not)

2. PS2 had DVD playback, as well as Grand Theft Auto III

And now the Wii is the thing to have with motion controls. Plus all the media attention its getting. Hell it was on an episode of Ellen Degeneris and every audience member got a wii.

Other reason its successful - PS3 is so damn expensive that people don't want it so they either have to choose between an unreliable 360 or a kid friendly awesome super mega motion control wii.