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Without reading the other posts:

-It didn't have the "cool factor". It just looked like a kid's toy. If you wanted power, you got an Xbox. If you wanted online gaming, you got a PS2 or Xbox. If you wanted an incredible library, you got a PS2. The GameCube was just in a weird place.
-It had the worst version of multiplats, by far. Some games I bought for the 'Cube and had to return for the PS2 version. They were just missing too much content.
-It always got new multiplat games later than be PS2 and Xbox.
-The PS2 pretty much had the generation won before the GameCube even hit the market. Based on a magazine I had at the time (PSM), the PS lead was insurmountable and people polled only considered getting an Xbox or GameCube as a secondary system--and not many were even going to do that.
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