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I don't think they can go back to PS2 glory ever again, but to become irrelevant - not likely. All they need to do is not loose money on next console, and their exclusives and dedication to gaming will more than keep them in the game. As for their exclusives not selling as much - well some of them maybe not as much as some other exclusives, but they certainly have a lot of them, in all sort of different genres and flavors. And IMO that is really big thing.