Ken Kutaragi, the man who revolutionized gaming with the Playstation line of consoles, is stepping down. He'd already been relieved of day-to-day operations as president, but now he's retiring fully. I'm far from an expert on the behind-the-scenes business scene of gaming, but Kutaragi has been known for going out on a limb, making arrogant, outlandish statements. With the success of the PS1 and PS2, I guess that's only human. And it looks like it caught up to him. I think it's far too soon to write off the PS3 as a failure; 360's killer app (Halo 3) is still a ways off, and Nintendo's Wii, while coming on strong out of the gate, IMO, is due for a fall. To me, it looks like a one-trick pony and targeting the casual gamer will be a mistake. I still predict a victory for the 360, albeit a narrow one. Wii and PS3 will compete for 2nd.
I finally did cave and bought a DS a few weeks ago, to make my entry into next-gen gaming land. But that's probably going to be my only current system for awhile.