Well put, and beautifully written. No real disagreement. However, I'd like to add that Nintendo's desire to control their licensing was one of the prime reaso

Well put, and beautifully written. No real disagreement. However, I'd like to add that Nintendo's desire to control their licensing was one of the prime reasons that Nintendo never produced a CD-ROM based product. That left a gaping market void that Sony filled spectacularly. This is a little bit of speculation, but I think if the N64 had a CD-ROM instead of carts, they would have kept Square and Capcom, and PSX would have been another Saturn.