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While Microsoft were never in 1st place console wise, I would argue that they were the best of the 3 during the ps360-wii days

Call of duty had exclusivity deals with Microsoft, and even some Japanese games made it over there in the case of blue dragon.
It wasn't until the end of the generation where Microsoft shifted the 360 from more of a console to more of a "service" box. If Microsoft kept up what made the 360 a better choice then the ps3 then sony might have been in 3rd place that gen.

As an aside I would like to point out that the xbox 360 sold the most software that gen, so saying xbox got "dead last" just because they sold the least HW, and not even by that much, seems a bit unfair