The problem with the XBox is that it has NO valuable developer support. First off, Microsoft is in the same boat as Sony in the fact that they can't make their own games worth squat. Nintendo has the advantage there. But, Sony has HUGE 2nd party support from Square, Eidos, etc. So, what exactly does the XBox have going for it? Nothing. Microsoft has a handful of 3rd party multi-console developers, a few unknown 2nd party companies, and a terribly powerful console that no one will ever learn how to use properly. It upsets me to see such a monstrous piece of hardware go to waste like this.
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