PS2 is and was the best console ever made. The sheer ammount of great games for every taste (and the price of 'em!) is just incredible! I still have about 60 titles I haven't finished
Also, it requires a lot of manpower and money to develop to current-gen consoles, especially PS3, so companies has to be big as fuck or get financed by doing really crappy license titles.. Sad but true. There's no place for the smaller developers in the big-boy league. I'm putting my trust in XNA here, hoping that some indie developers gets noticed by M$ and gets financed to do a full-price-in-the-store-AAA-and-whatnot title for the console.
Now that PC is getting worse and worse as a gaming platform (I mean, windows live? Now there's no reason to play ) I really have no idea where the world is going. On the bright side gaming is bigger than ever and there are tons of companies waiting to get their titles published, hopefully someone will somehow make their console more avaliable and cheaper to develop for and make "the PS2" all over again. My money's sadly on Microsoft. I hate Microsoft, I'm an Apple-geek and I never owned an Xbox but the 360 is a capable console that's relatively easy to handle since it's almost like a PC, if I've understood it correctly. It's also very popular in USA and Europe and Xbox Live is probably the best online service right now. Let's hope M$ has a couple of tricks up it's sleeve.