i guess this post makes sense but then again i never had a ps2. I had an xbox and automatically picked up a 360 at launch. I guess i understand the 3rd party not caring about the graphics on 360. But while those ps2 graphic like games came out so would have the 1st party xbox 360 games (which dont even have that great of graphics btw compared to 1st party sony games). Also online plays a major part in this too. Ps2 did not have a good online system and it definitely would not have competed with xbox live. Hell Halo could have been bigger than it already it is with the superior graphics over ps2 games and online feature. Hardcore gamers would have also switched over to the xbox 360 when they saw the graphics. Who do you think was buying the xbox 360 the 1st couple of years? All of the hardcore gamers were and if the PS3 did not come out then most of the hardcore gamers would have stuck with the xbox 360. I actually think Sony made the right call of releasing the PS3. Sony released so many quality games on the ps3 that can't be done on the ps2 which is the reason why i bought the PS3 in the 1st place. Ohh i also bought it for blu ray :)
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