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flashfire926 said:

Ok the way I worded my post, it should've been clear, but let me say it again: PS3 lasting 7 years proves my point, because that was also prolonged by the recession, like the Xbox 360 was. 

PS2 peaking doesn't mean shit when you take a look at its 2006-2007-2008 numbers. New games were coming out regularly, even games that weren't on the PS3 (gow2, persona 4, etc)It was obvious that ps2 had a ton of life left in it, And easily could've been dragged on for an addition two years.

Recession was irrelevant to game industry performance, both 360 and PS3 still kept growing in hardware shipments until 2011 ... 

The only "life" PS2 had left were in developing countries ...