Sev1512 of playstationlifestyle.net writes:
Lets face it PS3 fans out there, the PS3 is not going to win this generation. The king has been dethroned by the combined effort of Microsoft and Nintendo. The new casual market, third-party developers going multi-platform, the slow start to the PSN, lack of promised features… all these things have hurt PlayStation 3. But nothing has hurt it like its price.
Of course there is more value in a PS3 than any other console. The future proof approach Sony took has really paid off for PS3 gamers, but no so much for Sony. The PlayStation 3 launched with a price well above what the average gamer is used to paying for console. The main reason behind this, especially at the beginning of the PS3 life-cycle, is due to the addition of Blu-Ray.
Because of Blu-Ray, Sony had to drop BC, as well as USB ports, and card readers, to make their console more affordable to the dwindling world economy. Even now, the PlayStation 3 is priced higher than the PSOne and PS2 was at launch their launch.
Most people thought that once the PS3 got it's triple A games, the PS3 would finally start selling. Well unfortunately this isn't true. It's not that the PS3 isn't selling, it's selling just fine. Just not as much as the other console manufacturers, even with the better exclusive line-up of games. The gaming market has become large enough to fully support 3 consoles.
Don't get me wrong, I love my PS3, I love good ol' Ken Kutaragi for his "Future Proof" vision. I just upgraded to a 500GB HDD (where I thought I had lost all my trophies), so I take full advantage of it being "future proof". The only thing that Ken didn't predict in this future was a recession.