Kind of like how the Xbox and GameCube were over 2 years behind the ps2 but we're more powerful. Yay?
They came out a year later. Not two.
True, that being said, Xbox was a BEAST compared to PS2, the GPU even supported programmable shaders which we still use today, with double the main memory and double the main memory bandwidth. If people would have been better informed backed then, I don't think PS2 would have dominated as well as it did, because initially it wasn't really doing well with the games either. At the same $299 price you got an included HDD with 4 controller ports, default ethernet adapter and discreet DD5.1 for all games and not just marginally better graphics, but distinctively better visuals with games like Enter the Matrix supporting full 1080 resolution compared to 480 for PS2, now that's a huge jump, forget 900p or 720p lol, unfortunately HDTV's hadn't been fully implemented until PS3/360, so the Xbox was just way ahead of its time.
With 360 they went a little more conservative, but with the right formula of ease in programming and neat hardware tricks like eDram, Xenos was a better design than RSX, they ended up with the better overall design despite launching a full year sooner, and I think the thought of treating hardware second and focusing on other aspects is what got them in trouble this time, they underestimated how important the hardware power is to gamers, it always was actually, but we didn't have the tools back then to see exactly how much the difference meant except for looking at games, but now we have DF and others even counting pixels, so you better have the most powerful hardware, or at least the most overall capable machine if you want to be on top, and hopefully Nintendo does come out with something powerful enough that will push both Sony and MS to launch their new systems sooner and also be a little more ambitious with their spec's. They should've learned with the smartphone trend, no one believed people would pay $200 for a phone that's subsidized, but Apple proved everyone wrong with the iPhone, people will buy it if the hardware delivers regardless if pricey.