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Game_boy said:
Choosing to put games on the PS2 held back the GC and the Xbox. This is no different: it's important to be the dominant, not the most powerful, console. This should be no surprise.

 You have to remember even though this is true, Sony had and still has the best 1st party games compared to MS. So despite being the weaker console, the PS2 got a bunch of cool games that could really push the machine. I think the PS3 will really start to outdo the 360, once we see some of the more awesome exclusives, that will give the PS3 more credit than it has gotten so far. Which should start happening around autumn this year :)