Baconsammy
Banned
It was bad. 400 dollars was way to much for the 360, and then the PS3 just made it worse. It's even worse now, in retrospect. At the time of it's announcement it was a bombshell, for sure, but most people believed at that time that PS3 was going to be significantly more powerful than the 360. 6 years later it could be argued that the PS3 is just marginally more powerful than the 360, and that in practical game performance most multi-platform games run better on the 360. Blu-Ray won the format wars, thanks I think to the PS3, but it was also a bitter sweet win for Sony. Streaming has taken over physical media and Blu-ray was never the success that DVD was.
Based on money being generated, I'd say Digital Streaming won the format wars (where movies are concerned).