il say the Wiiu was the biggest meltdown, if it doesn't pick up it will meltdown even more

FFXIII doing multiplatform was easily the biggest meltdown! The NeoGAF thread was also so damn lulzy! http://www.neogaf.com/forum/showthread.php?t=327004

Still upset about that!

It was uncanny, I can barely believe they done it. From the previous rumours and the backlash that followed they could see that by E3 it would only get worst. And some of the fanboys first said the rumour were false, then that MS wouldn't screw them, then that Sony would follow, then that it doesn't matter because they are always on and love digital only, them that sony invented the idea but waited MS reveal before comiting to it, then that the idea was great but sony fanboys didn't gave MS to show their vision and now some complain about how great it would be but sony fanboys made MS forfeit it.

It was uncanny, I can barely believe they done it. From the previous rumours and the backlash that followed they could see that by E3 it would only get worst. And some of the fanboys first said the rumour were false, then that MS wouldn't screw them, then that Sony would follow, then that it doesn't matter because they are always on and love digital only, them that sony invented the idea but waited MS reveal before comiting to it, then that the idea was great but sony fanboys didn't gave MS to show their vision and now some complain about how great it would be but sony fanboys made MS forfeit it.

Reminds me of the birth of PlayStation in a way with Sony and Nintendo issues.

No they didn't cancel it though I'm sure there were alot of people that bought a PS3 assuming FF was only going to be on Playstation since they mentioned it was exclusive firstly (Heck I bought a PS3 for FF Versus XIII and that's worst cause I didnt come out that gen lol).  Very true that Square did worst to Nintendo with the FF series and if internet was massive back then it would've definitely exploded,  but switching from Nintendo to PS did wonders for Square.  I don't think turning FF into multiplat helped.  

Personally I wonder how sales would've turned out if FFXIII didn't go multiplat.  Because of it, the game got delayed that could have caused fans to care less and decide not to pick the game up day1 (as well at the time PS3 didnt have that great of a library so many were eager to get their hands on a blockbuster title).  Then with the wait and finally released, the fans read the mixed reviews of the games so some may have still picked up a copy while others just didn't care anymore.  As well, PS3's library were much better so there were more options of games to buy over it.

But oh wells, these days nobody should expect third party to make exclusive games anymore.

When this topic comes up a lot of people always focus on Squaresoft and FF7, though they shouldn't.   Nintendo must have seen what was coming long before Squaresoft moved out of their US headquarters  in Redmond Washington (which was literally located right next to Nintendo's own US HQ).  They had very close communications with each other back then and they both knew that their exclusive relationship was coming to an end with Squarsoft's new ambitions and the N64 cartridge limitations.

On the other hand Nintendo failed to get a game series on the N64 which was completely possible on cartridges and that was already multi-platform. That game was Street Fighter.  Sales of SFII were huge back then, even in Japan where Street Fighter II:The World Warrior outsold Final Fantasy VI.

Street Fighter II: TWW SNES sales in Japan = 2.87 million

Final Fantasy VI SNES sales in Japan = 2.55 million

Street Fighter II was one of the best selling 3rd party games on the SNES, if not the best.   Failing to put a single Street Fighter game on the N64 was one of the biggest tragedies for both Nintendo and Capcom.

The 1983 market crash is surely the big one

But others are loss of 3rd party support from Nintendo to Sony

SNES CD turning into PS1

Failure of Dreamcast meaning Sega left the hardware business

Xbox 360's RROD

I do agree that we hadn't a SF for a long time on console, wouldn't blame Nintendo exclusively... But Capcom and SF seems like a lack of middle ground... or they skip gen without a input (like I don't even remember a proper SF on the PlayStation 1, Saturn or N64) or have 5 yearly "DLCs" called as full games like in SFIV and SFII, maybe I and III were more on the middle ground but just because they weren't as massive in selling as II and IV.