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The difficulty with the game argument is that it is terribly slanted. For instance every console loyalist can spread a thick morass of the killer games on their console. Equally valid, and deep as the other consoles. What matters is the plethora of titles. Two or three fantastic games cannot prop up a console. You need to have dozens. Microsoft and Nintendo both have answers to the Sony lineup. Further more they will have a much stronger library then Sony.

The software argument is a blind argument. The person making the statement is blinded by the impending lineup on their console, and sadly ignoring the lineup on the other console. All Nintendo, and Microsoft need to do is remain relatively close, and Sony will gain no momentum over their rivals.