The Extra Credits crew discusses why there's a lot more in determining a console's quality and predicting its sales than the specs of the hardware itself. Many interesting insights shared within.
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Next gen console sales will be determines on how much features and entertainment each console has to offer at the cheapest price and not by how many GDDRx100 or GPUx100 each consoles has.
@knifefight: He has a point, you cannot compare the 90's and early 2000's economy to todays economy.
People, specially the casual consumer do not care about which product has the most advance and powerful technology but only care that it does what it is suppose to do and its mainstream - The 3DS vs the Vita is one of many examples of this.
Apple and Samsung Galaxy fanatics are a different breed of consumers so my comment does not apply to them as they would rather not buy food or pay child support to buy a new $600 phone each year.
I think they matter somewhat, where I think Nintendo losses it a bit is by not having a more mature first party game to show off what the Wii U can do. If they had brought out a new game that looked better than Uncharted 2, I think people wouldn't have said much, we do know the Wii U can do pretty good things graphically, but the art style of most Nintendo first party games don't allow it.
I got caught up in the "power" wars years ago with the first Xbox, I remember arguing how much better it was, HD capable, high speed internet modem right out of the box and a HDD included, but at the end of the day it didn't do as well as the much less powerful PS2.
Oddly enough, the most powerful console has never really won a generation....weird when you think about it.
I usually buy all the consoles eventually anyway, but power is usually pretty far down the list when I'm considering a new console.
Yes they matter a lot,.. though I still play old games a lot,.. The hell I am buying a new system, if it does not have better sound, graphics, features and new gaming experiences produced on that basis.
Of course it matters or we would still be happy gaming on the playstation 1, Sony certainly seem to have set the bar high for next gen console gaming and as long as they don't charge for online gaming they seem to be in the box seat as far a performance and features go.