My son and I pooled our money together and bought a PlayStation2 over the weekend. The bundle came with a game called Ratchet and Clank by Insomniacs which my son and I took turns playing. I am not too impressed with the graphics, but the game itself is very well done and a pleasure to play. Since I am a cranky old man when it comes to quality of software, the fact that I like the game means quite a lot.
Why didn't I get an Xbox? Becaues it's the application (games) that matter, not the platform. Selection of available games for rent at BlockBuster is much bigger for PS2.