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First: define "fail". Money? Sales numbers? Which one and which amount? 20 million consoles could be a success, even if you don't think that way; just think about the number for a second.. Just because there was PS2 and Wii there doesn't have to be a thing like that every few years.
Second: I should start collecting all these thread titles for future console releases to flood the forums with them when PS4 and Nextbox launch.