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Have you been to the future Avinash??? cause from what it seems like, you haven't. You're using "will" in your sentences.

You're predictions /= fact

"the ps2 had a large and varied library. Ps3 will not."

JUST WOW. WOW. You think sony's not doing anything about this???? They trying to break that barrier, and at the end of this year, we will know if they are succesful at breaking this barrier. Home, Singstar, Little Big planet, stardust, aqua, etc. and a whole SLEW of previous ps1 games will be released this year. And then there's the PSN games that will also be released. It's VERY ignorant to say the ps3 will not have a large and varied library, unless you're from the future or something, and have seen its line-up.