Have there been any Monster Hunter 2 games for PS2 since it's been a huge success for PSP? Was online easily accessible (packed in) for PS2? How well were the PS2 version reviewed? All relevant questions I'm too lazy to look up.
The userbase argument is a pretty lame one too. Once you get to a certain point it doesn't matter that much. It's like saying MGS4 will sell very poorly compared to 1,2, and 3 because the PS3 has a far smaller userbase. I'm willing to bet MGS4 is going to sell just as well as the others did. and I don't think Monster hunter 3 will be hindered because the Japan userbase will only be 7-9 million instead of 15-20 million.
It's a terribly contrived argument to say that "console monster hunter" flops and it's only fun if you can play it on a bus. The PS2 had virtually no online compatibility to speak of (far worse than wii's, even if wii's is bad), Monster Hunter wasn't popular yet, and I'm guessing the PSP versions have improved on the original formula. If you're wondering if Monster Hunter 3 will be big, looking at more recent relevant data seems to be a better indicator than cherry picking some bad figures and proclaiming flop.

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