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TheLastStarFighter said:
I don't know what first party games are better, that's purely subjective. But as far as franchises that are bigger, based on the number of people that buy the product over this past generation, clearly Halo is bigger than anything on Playstation including GT, and Halo is literally 1/3 of the draw of games like Mario Kart and NSMB. So does Sony have a franchise that will sell its system? It has games that people will buy the system to play, but less so than XBox and much less so than Nintendo. 1st party software is a major dissadvantage for Sony.

I disagree with you completely.  I went with the PS3 this generation mostly because of SCE Worldwide Studios.  They produce a wide variety of games across many different genres rather than depending on the "shooter" demographic, which is why the PS3 has more global appeal.  The Xbox brand lives because of Halo and the fact that it gives them the edge in North America; even their second biggest exclusive isn't even their IP.  What if Epic took Gears multi-platform next gen?

Sony has a weakness in that they don't have a huge system-selling shooter that would allow them to challenge Halo in the western market, that's true without doubt.  However, Microsoft also has a weakness in that they depend heavily on a few IPs and lack exclusives in genres that perform well in other markets.  I don't really see a pronounced disadvantage either way and the sales numbers pretty much confirm that.  Both brands are successful at generating sales.