worst launches in history.
I think that dubious honor would have to go to the Saturn. Sega really screwed that up.

It's one thing to just be able to play DVD's and music, it's another to take a complete gamble with Blu-Ray and jack the prices up to the point of having one of the worst launches in history. Will they do better? Only time will tell. But they need to get it going because they're losing a lot of fans to Microsoft and Nintendo.
To be fair, part of the reason for throwing Blu-Ray in the PS3 was to give it an edge in hardware, but I get where you're coming from. Although, I don't think they've really lost many PS2 owners to the 360 and Wii. Yes, there have been 12 million 360's sold, but the majority of those sales come from people who owned the original Xbox in the first place. Most of the 10 million Wii owners either had the Gamecube or had never really had a game console before. So that still leaves a lot of PS2 owners out there, undecided about which onsole they're going to get.