Except for the fact that Blu-ray profits will far outstrip Sony games division profits in the end, I would totally agree. On top of that, MS is not Sony's only competition, so "beating the 360" is at most half, if that, the issue at hand.
The Blu-ray victory was/is everything. You can't forget it, because the PS3 was the key to victory. Blu-ray will eventually amount to billions in profit -- something the games division alone could probably never have achieved, especially in lieu of an advancing Wii.
On top of that, the PS3 is doing quite well these days. I think Sony had unusually accurate foresight with the PS3 plan, or they adapted and fought the "console war" better than the competition was able to.







