What about the 360? did it deserve to sell what it did with the ring of death ?
It actually had games though. It sold in spite of it...people made the choice to rebuy.
Until MGS4, PS3 was overpriced, PSN was notably lacking, and top rated exclusives in 2006-2007 had nothing on 360s. It coasted on PS2 brand power, which was notably, pretty huge.