Sony vs The Redmond Giant

As any real gamer knows, the PS2 has done exceptionally well. It outsells both the Xbox and the Gamecube world wide and has the most games available. While one might argue that the reason they have more games is because they came out before the others, I'ld just like to point out that if you consider the games since all systems were on the market, the PS2 has had the better titles. Moving on, Slashdot has an article where M$ says that their Xbox2 can take Sony's PS3. Is it me or are they dreaming?