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The_Liquid_Laser said:

How much does backwards compatibility matter?  Well lets look at the performance of Nintendo, Sony and Microsoft consoles.  Some of them had BC and some didn't.  Below I've ranked each console based on hardware sales and market share on a 1-10 scale.  Obviously I left off consoles that were firsts in their line (NES, PS1, etc...) and I left off Switch because it's so recent.  Here are the results:

Console Sales Performance (1-10) BC? Console Sales Performance (1-10) BC?
SNES 7 N Wii 8 Y
N64 4 N Wii U 1 Y
GCN 2 N GBA 8 Y
Virtual Boy 1 N DS 10 Y
PS3 5 N 3DS 7 Y
PS4 9 N PS2 10 Y
PS Vita 1 N XB360 5 Y
      XB1 3 Y
Average 4.1 Average 6.5  


There certainly is a strong correlation between BC and market success.  It doesn't guarantee market success, but it sure doesn't hurt either.

Actually, now that you mention it, a lot of successful consoles had backwards compatibility. The PS2, PS3, Wii, GBA, DS, 3DS, 360, MD, etc.