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1. Big range of games 2. Marketing
Sony got both of these right with the PSX, Nintendo and Sega failed with both. Sales will not come down to how powerful a console is but how the console is sold to the public. Let's hope Nintendo has learnt from its mistakes and releases a good catalogue of games, quantity and quality, and puts lots of effort in marketing the GameCube, otherwise Sony will win, again.
Seriously now I think it will do much better than the N64 did! Even though I am and have always been a Nintendo fan I think the N64 could have done better! Most of the games were designed for little kids but the ones that weren't are amazing!