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I think I misunderstood the point of the thread. I didn't think it was about which publisher has the best games but has the best strategy for their own following.

Microsoft loses because they don't have enough IP's yet.

Nintendo loses because you said only take consoles into consideration. While they do great with their HH's they almost always have console droughts. Plus, they forgot about many fan-requested series.

Sony is terrible when it comes to their HH strategy but there's a reason why there Consoles have won every generation before the PS3. PS3 will likely pass the Wii when all is done too.