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@Cgi and Darth. play nice!

Here I will contribute.

It does matter that GC and N64 got beat up last gen, it matters a lot. Just look at 3rd party support. The N64 things started going down hill, the Gamecube was almost completely ignored, and now Wii, even though it's selling like mad, has to fight for every little scrap of 3rd party support.

It does matter if Ps3 loses, because 3rd party support has steadily been going down this entire generation, I can't think of too many truly great PS3 exclusives outside of MGS4 from third parties while as with PS2 there were more games than you could count, and sales have been down, down a lot, for 3rd party software on the system.

It also matters that PS3 is coming from a very successful predecessor, if PS2 was on a downhill trend from PS1, PS3 would not see nearly as much support as it is now.

Sony is living on brand power from last generation, it's the one thing keeping them alive. Nintendo on the other hand, has to build up that brand to appeal to 3rd parties more.