In sales I just don't see that happening. As others have said all of the big 3 see great success now and they've each grown a large fan base. Also 3rd party developers are more open to multi-plat development than ever before so no one company is going to secure a landslide more exclusives than the other systems like the PS2 did. Basically we'll probably never see a single platform dominate like that ever again.
I also don't see the hardware being that much more powerful than the PS3 and 360 simply due to cost. Its still exspensive to build a PS3 and if it get too much more powerful we'll be looking at another $500 console launch which will be suicide for Nintendo.
All that being said I expect Project Cafe will be a huge success and an awesome system, just no where near as dominant as PS2 was in its day.
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