I'm not too sure about that. The wii captivated the British audience, with most key franchises selling massive amounts, although it did so worldwide. As for your comment about the Xbox, i would agree it has much more brand power in the U.K. but i would argue the Playstation has even moreso. Also, the British perception is that Nintendo is in a distant 3rd place, particularly given the floor space devoted to their products at retail.
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In my opinion the N64 was not just the best console of the 5th gen but, to this day the best console ever created!