The people I knew didn't care about how well PS1 was doing. They cared that games like FFVII, and Resident Evil, and Symphony of the Night, and Metal Gear Solid, etc., that could have been on the N64, weren't.
I myself liked the fact that Nintendo stuck with Cartridges at the time, and I still think it was a neat, nostalgic move. However, I also realize that if N64 had been CD based as it should have been, that generation would have been a whole different ballgame. Nintendo likely would have gotten all those big third party Playstation hits, perhaps exclusively in some cases. And if that had been the case, the Playstation brand might not have even really gotten off the ground. It certainly didn't succeed because of their first party published titles. The Playstation brand, at least in it's first two generations, almost always succeeded based on third party IPs.
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