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Sega shot themself in the foot with silly add ons like the Sega CD and the 32x. The Saturn also continued to leak money for Sega so the Dreamcast never really stood a chance. So releasing their console first had nothing to do with the Dreamcast failure.

After a strong start for the Wii sales have now dried up and the Wii U needs to be released now and releasing first can only be a good thing to get a head start on sales.

Sony had stated on the PS3 release that it would have a longer life span than the average games console, so I can see them being last to release their machine in the next gen. However I feel the gaming public are ready for a change now and many will adopt a Wii U simply because people will want the newest gaming machine.