Some of the comments here range from the ridiculous to the plain insane,Yakumo and Great Saint Louis being the only sane ones left on the board at the moment.
Sega is nowher near dead and if half of you did your research ,you would know that Sega's big announcement had to be pulled at the last moment.Toshihiro nagoshi's latest article in Edge explains that fully.(yakumo if you want a scan of this pm me mate,in fact I'll email it to you to put on your site if you like.)He was to announe a major new franchise but he had a massive disagreement with the pr guys in the US and decided to pull it because of this argument.From what I can gather they wanted to totally change the wording of his demo and change things here and there and he just would not budge.He IS going to announce this game soon so we will just have to be patient.Sega is trying to get back on it's feet slowly and until it does we will see conservatism from them which makes good business sense.
As for Nintendo being dead,thats just people talking out of their arse.The GBa is by far the most profitable console of this generation and they continue to make billions of dollars each year.They have two consoles in development(revolution and Gba2)and have another scheduled to release at the end of this year.They have more games in development than any other developer or publisher and again led the publishing revenue last year.Yes they are not as succesful as they were oin the past but neither are Sony,look at the figures.They are running second in the console market at the moment but that's not disasterous,just look at Sega in the Mega Drive days.This is not the desperate rant of a nintendo fanboy before I get all that pish,I am merely stating what is fact.If Ninty had no money and were going down the drain,they would not be producing new consoles,it is as simple as that.Sega too will eventually get back on their feet and they now have the backing of a major company in Sammy,and are no longer in debt since becoming Sega Sammy holdings.Who knows,Sammy may now feel it is viable to reenter the console market with an approach similar to Microsoft's,remember The dreamcast only failed because it was so ahead of it's time,Microsoft took many of their online ideas and executed them when people were just about ready to fully embrace the internet. :smt024