Don't count Microsoft out yet with the X-Box. Microsoft is willing to lose a lot of money up front in order to gain long term market share. If I were Nintendo or Sony, I'd be worried.Darn right. I have an x-box, it is awesome, obviously much superior over other systems, especially with the lead game Halo. Plus, X-box is going to be played over the 'net.
In the next couple of years, Nintendo and Sony will probably fall behind Microsoft.
Remember guys, Netscape was the dominant browser. Look at Netscape today. Almost no one uses it.
Unfortunately for MS, Square is loyal to Sony and may be considering some new Gameboy Advanced games last I heard. The majority of the games that look really cool for XBox are also for the gamecube, at least the ones I see locally. Microsoft will have to buy the industry to dominate it.