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De85 said:

The only reason this might be true is because at that time standalone blu-ray players were still ridiculously expensive.  If blu-ray players were similarly adjusted in price I don't think it would have.  Remember that without games you don't sell game consoles,  and the PS3 is not exactly famous for having a stellar launch lineup...

From what I remember, the PS2 had a crappy launch line-up too.