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masschamber said:
PS1 and PS2 were never ever called diasters they were always praised as the best thing as sliced bread, their sales never considered anything close to disasterous,
People believed the hype on both of them, this time the hype fell through and couldn't save it.

 In 2000-2001 everyone was under the impression that PS2 sales will suck, that xbox and Nintendo will win the generation.

Example:

Don't buy that PlayStation

http://archive.salon.com/tech/log/2000/10/27/playstation_rant/index.html

I am not saying that the PS3 will end like the PS2 did I am just saying that I hear a lot of the same stuff like last generation and PS2 had a concurrent SEGA Dreamcast.

Edit: and it annoys me that people forget the DC. It is the perfect example of a console with fucking bad sales but with good games that lot of DC owners never will forgot.