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"Is it high end hardware?"
Yes

"Is it Blu-Ray?"
Depends if I'm about to watch a movie

"Oh, I know, it’s 3D gaming, isn’t it?"
Depends if I'm in the mood for it kind of like a 3D movie

"Come on, who am I kidding? It’s obviously none of these things."
Oh...good thing you know what I'm thinking.

Granted that isn't the crux of his argument at all, but when it starts out in such an assumptive manner I don't think I can be bothered taking it seriously. If Sony's IPs were so iconic PSABR pre-orders wouldn't be dead in the water. Also I think looking at SEGA as a publisher and developer, Sony would want to avert that disaster, SEGA's quality in games has undoubtedly declined since the Dreamcast.