Is it a failure because it was profitable for Nintendo from the 1st day of its release?
Last report on MS was that the XBox 1 was never profitable. Sure, the GC did not reach the success of the PS2, but neither did the N64 beat the PS1. So, is Sony the only winner from the last gen?
BTW -- Already got Pikmin 2 and whole bunch of other 1st party games. Out of the roughly 40 games I have picked up, most are 1st party, with a few 3rd party standouts like Godzilla, Lego Star Wars 1&2, Soul Calibur 2, and Naruto 2. Most are put aside for now, things like TimeSplitters 2, which I want to be able to play with my kids when they are older, or the Harry Potter games. The Cube affords me a natural upgrade path to the Wii, so any investment we make will hold. Sure, there are some PS2 standouts, like Space Channel 5, and Shadow of the Colossus, that they will play later, but not till they are older, or I score another PS2.