Like I said, let's just wait until M$ has their event in May and hope also that it's more than Sony's simple "We're not making the same mistakes we made last time around and here's some random gameplay footage." Given the criticism M$ lobbed at Sony after their presentation I think we're in store for something better at least in terms of presentation.
See, I actually liked Sony's conference. I don't care what the box looks like or what streaming options it has. As a gamer I want to see games. Everything else is secondary. They showed more game footage than I was expecting and less "home entertainment center" than I was expecting. Everyone knows these boxes will play movies. If the last gen could of course this gen can so why waste time talking about it at your big event. The way Sony will make the big money and get out of the red is in software sales. They make their money from software and lose on hardware. Last gen had too many people buying a PS3 for Blu-ray and netflix who they never saw a penny in software from.
Look how terrible their first party exclusives sold compared to Microsoft. Sony has so many more quality exclusives than Microsoft yet Gears of War 3 (which I loved) out sold all of Sony's exclusives added together in 2011. Some of those exclusives were Little Big Planet 2, Killzone 3, MLB The Show, Infamous 2, Resistance 3, and Uncharted 3. They had many more exclusives in 2011 but that list is full of AAA great games and all of them added together sold less copies than Gears 3.
The PS3 launched with too much Sony ego due to the massive success of the PS2. The PS3 launched a year later than the 360 at a ridiculous price point. They tried to be the "media device" instead of a game machine and suffered huge losses. In my opinion they have the best exclusive games and no one bought them. If they want to take over again they need to focus on the core gamer and the casual COD/Madden market will follow. Who cares if they lose some hardware sales from people who just wanted a movie box? Their money is in gamers who will buy new games often so that's who they should focus on.
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