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Nintendo would have won with a CD-Rom.  Playstation was not selling well until it got Final Fantasy 7.  It was doing ok, but not nearly well enough to beat Nintendo.  The main third parties that didn't like Nintendo were Western devs like EA, but Western devs were not that important during the Gen 5 era.  Plenty of third party games still ended up on the Gameboy.  This idea that devs wanted to flee Nintendo is extremely overstated.  There was no mass exodus from Nintendo handhelds.  The main reason why third parties switched on home systems was 1) CD's were a much better format and 2) Playstation was selling well after FF7 ended up on it.  If Nintendo has CDs and FF7, then Playstation doesn't do nearly as well.

Last edited by The_Liquid_Laser - on 02 September 2020