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mrstickball said:

Developers do choose the console generation winners. We've seen time and time again that as major IPs are established, developed, promoted and so on, they establish winners and losers among the consoles - each generation, we see the winner based on the games that are produced for a console's library.

Developer backing is of crucial importance, no doubt.  But that's certainly not a foolproof mantra; how do you explain the Wii?  It didn't have squat for third party support or cross-platform hit games, yet has handily outsold both of its competitors this generation... not to mention allowed Nintendo to profit far beyond what Sony or Microsoft will accomplish this gen.