The competition has always brought out the best games by first and second party devs. Sony's determination to beat the Dreamcast brought us some top notch games at that time. Sega's hopes to stay alive saw some of the best arcade to console translations ever and some stellar gaming.
This gen we have seen Gears, Killzone 2, Little Big Planet, Halo, and other top tier titles that are the direct result of each console trying to best the other. Without the competition, these games most certainly wouldn't be the level they are at.
We also wouldn't have $500-800 hardware sold at a significant loss, either which benefits the consumer greatly in their purchasing power.
I hate trolls.
Systems I currently own: 360, PS3, Wii, DS Lite (2)
Systems I've owned: PS2, PS1, Dreamcast, Saturn, 3DO, Genesis, Gamecube, N64, SNES, NES, GBA, GB, C64, Amiga, Atari 2600 and 5200, Sega Game Gear, Vectrex, Intellivision, Pong. Yes, Pong.
