Sega Saturn had better graphics than N64?
That disqualifies anything else you said in your entire statement. But i'll address the rest just because you were nice enough to respond again.
The Original Xbox did several things extremely better than while having mre features than the playstation 2 , and just so happened to also have better graphics from the jump
The ONLY thing that the Playstanleys here are HOPING that the PS4 will eventually do better than The XWon, is have marginally better graphics. It won't have a better online system and ecosystem, more gameplay input options and features, or have an unrivaled collection of established franchises like the PS1/Xbox example which still doesn't really have anything to do with this.
Stop talking about handhelds by the way. All you did was provide another example of sony creating a system that was "better on paper" and still getting blown out of the water