Was the Saturn THAT expensive? I remember buying it in summer 1996 for 1990 france (around 300€)
As I said, the Saturn was released with a price of $399 --At least, that's what Wikipedia said -- if there's anyone who knows that this is wrong, speak up. XD... and yeah, compared to the N64 at $199 and the PlayStation at $299, $399 seems like a lot of money.
So back then (rounding up)...
N64 = $200
PlayStation = $300
Sega Saturn = $400
...The losing system? The most expensive of the three, being at least $100 more expensive than the 2nd most expensive available
And now (rounding up)...
Wii = $250 (no more than)
XBox 360 = $300 or $400
PS3 = $500 or $600
...The losing system? Who knows, but the PS3 is still $100 more expensive than the premium 360 package...
Obviously, price is not the deciding factor, otherwise the N64 would have won, and the Gamecube would be the winner. Of course, with the N64, games could cost around $80 sometimes, whereas PlayStation games didn't cost more than $50 most times.
...with the exception that the Dreamcast is actually GOOD and affordable with a library of great titles at cheap prices.
No, I 100% agree, I LOVED my Dreamcast, I really, honestly did. I said that because the Dreamcast was a promising system that just...failed, unfortunately.

And yeah, those are probably the reasons the PSX won over the N64.. It was just easier and more cost-efficient to produce games for it, so more developers made more games for it, and a system's games library seems to be a HUGE factor in whether it's successful or not. Another reason I have high hopes for the Wii, I mean, not only backwards compatible with the Gamecube, but the whole virtual system-thing. One word: AWESOME. If the price is right, of course. That's also why the 360 makes me wanna punch a wall -- I have read too many letters and complaints that XBox games just didn't work on the 360. I think one person complained that
Barbie Horse Adventure worked perfectly, but that
Tenchu: Return From Darkness had many an issue. I think since then the issue's been corrected. Let's hope the PS3 doesn't have the same backwards compatibility issues that the 360 does.