"2) Everyone expected the Playstation 3 to completely obliterate the competition once it launched, because of the Playstation brands amazing performance last gen. The Xbox 360 is surpassing expectations and manages to shift more software than the PS3."
Wrong.
Once Ps3 was announced at $599 USD, nobody expected it to oblierate anything. Everyone was making fun of the design (george foreman grill, tanning bed, etc) and saying they'd wait for a price drop.
IIRC people were calling Wii the next big thing and that it would be a hot Xmas item that would be very hard to find...similar to Tickle Me Elmo. People also compared Wii to the iPod for it's simple design, layout, and low price...I remember one report saying something like "wii will be as popular as ipods"... and it turned out to be true.
"I don't have time to play video games anymore, but if I did, I would definitely choose the PlayStation 3 instead of the 360" - President Barack Obama
