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In terms of raw product quality, I have to say Nintendo. It's actually a strength and weaknesses. It a strength because you know that their software is of the highest standards. It a weaknesses because such work takes time, which has lead to gaps in their lineup that are not being filled by third parties.

In the case of overall software lineup, Sony wins by simply having the most steady and varied stream of content. They also have the largest number of most anticipated games coming from first and third party.