Iwata: "PSN and Live too far developed for us to catch up"

[fauzman]

It seems somewhat like an excuse. The psn when launched also had a number of issues but this is unavoidable when starting something new and in the end it is now a system that competes well with xbox live if not necessarily surpass it. Same with the NN - they have to start getting a better system sometime and right now when they are going after the hardcore crowd, is the best time.