This article is mostly just more evidence that the first year of a console isn't entirely indicative of its future. Also, there was a lot less PS2 bashing going on back in the day than there is PS3 (and Wii) bashing going on now. The pro-DreamCast crowd was particularly vehement in declaring the PS2 to be a death-knell for Sony around 2000, largely because they felt Sega's pre-emptive release of the DreamCast at an affordable price ensured it would triumph. That led to a number of only semi-informed articles such as this one. Indeed, the insult "DelayStation", popular nowadays, was thrown about with wild abandon by Sony's opposers back around 2000 and 2001 as well. To be fair, though, the PS2 didn't really take off until its first price drop; before that, it wasn't really obvious that it would become the system of choice for its generation.

@ XGamer0611

 Well PS3 has had multiple price drops and it still hasn't taken off, While Wii has yet to even be plentiful in stores

Oh, I'm not arguing that the PS3 is going to make the same leap that the PS2 did; that's unlikely with the variables as they are now. As well, the first PS2 price drop put it at the $200 "sweet spot" where systems really start to sell their best. What I am saying is that the future of the current consoles is as up in the air now at the start of 2008 as it was at the start of 2007. For different reasons, for the most part, but it's still uncertain all around.

The Wii has the momentum, but is in a precarious spot with high unmet demand that could bite them in the butt if the competition finds a way to snatch it up (which is currently an unlikely scenario, but stranger things have happened). The 360 is dealing with the same problem the DreamCast did in the form of waning interest due to their competition (and the added problem of their system's failure rate). And the PS3 has the same shortcomings as the PS2 did at its 1-year mark: high pricetag backed with a lack of system-selling software.

Of all three, the Wii is probably having the least trouble (theirs is an advantage that only transforms into a problem if somebody else takes actions to turn it against them). The 360's issue is one of attrition and image, so they have the biggest battle to fight of all three. And the PS3's is one of prospects versus reality, and will inevitably resolve itself in one way or another in the future (near or far depending on if further delays occur).

 You thought the shortages have been bad so far

Just when you thought it was safe to buy a Wii 

Actually, I remember the demand for the PS2 back in November and December of 2000. There were long lines, people fighting over the consoles, the works. I recall thinking at the time that there was no way I was going to get a PS2 until all that calmed down (and until it was $200; I had less money available for frittering away on game systems then than I do now). All that said, the PS2's best years were definitely after the price drop. There was a brief lull there before the price drop where the system wasn't selling as well as it had been, around late 2001/early 2002.

The PS2 sold 800k+ in the first two days in Japan. If that's not a great start I don't know what is. The sales don't lie, it was a leader from day one.

I think you will find it actually applies a hell of a lot more to the PS3. You could pretty much just replace every PS2 in the article with PS3 and it would read like any of the pieces written about the PS3 over the last year.

 Lets look at some of the main points and see if they apply more to the PS3 or Wii shall we?

The most powerful console but with no games.

Using its ability to play movies on a new media as a selling point.

More difficult to develop for than its rivals.

Costing twice as much as its rival because of features that gamers dont want.

Nintendo & Microsoft being pointed out as its main rivals.

 Mmm. Now I might have missed something but I cant see much there that sounds more like the Wii than the PS3 can you?