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DirtyP2002 said:

Still it SEEMS to ME that the GT franchise is not as big as it once was. Same goes for the whole Racing genre.

2.7 million people played the Halo Reach beta in 2 weeks. And compared to a full Halo, there was "almost" no content as well. I think Halo or other shooter are more popular than racing these days.

You are not the only one. My opinion is that the racing genre and Gran Turismo is overrated when it comes to assertions of GT5 pushing 1 million plus PS3s.

On a connected note, many infer the popularity of the Gran Turismo series as a European phenomenon. Well, Europe ain't looking so well with Greece in default and potentially Spain, Portugal, Ireland and Italy defaulting on their government debt. Anyone of these happening would push the Euro down in comparison to the dollar making video games cost more in Europe during a time when the average European video game consumer's Euro is deflating causing them to have less disposable income purchasing power after the necessity goods (food, housing, transportation, and clothing) are purchased.