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Well, Xbox360 had it's issues, too. Red Ring of Death probably scared more than one consumer. You essentially had to choose between "easily broken" or "expensive as fuck". There also was the Wii, which isn't exactly easy to break (You know, Ninty's consoles are made out of Nintendium) and was very cheap, but that's a totally different story since it was aimed to another market.

Edit: DAMMIT FORGOT TO ANSWER THE ACTUAL QUESTION. Well, given what I said, the answer is: No, if the PS3 didn't "screw up" it would've been considered far superior than the, let's say, "unreliable" Xbox.