Terrible in what sense though? Going by your definition, Playstation is the Steam equivalent of Consoles, has been and will keep on being so especially since the Xbox brand lost a lot of support from the Japanese region compared to the 360 and Nintendo still in no shape to have as good as third party support as Playstation or even Xbox at this point.
There are 20.000~ games available on PSN and sees 150 releases weekly?
It doesn't matter how many alternatives there are, it is one market that is littered with garbage.
Hunting Season is done...