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IFireflyl said:
No. PS2 had no real competition for a huge chunk of its lifespan. PS4 has competition (sad competition in comparison, but it is still there).


Plus PS2 had a LOCK on AAA third parties back then. If you didn't own a PS2, you were missing out on almost every huge third party game that released back then. 

Also, the console was a lot cheaper. People always try to use the tired inflation argument but the fact is, sticker shock is real. $199.99 in 2015 looks like $199.99 in 2002. We see the price, and we don't think about inflation. The PS2 had a more attractive price point.