This should go to the console debating, but I forgive you, as you\'re new here
Microsoft can\'t buy out the exclusives - Microsoft can\'t buy fans. Console-marketing, however, is about games. If Microsoft would even try to buy out sony\'s exclusives, Sony would become very angry, and spread the word... and many Sony-fans would get very angry, and so on. A war would begin.
Money can\'t buy everything. Some developers might even have
principals. They just wouldn\'t betray the console they\'re working to / have been working to for the past years.
And we do know why PSX sold and still sells - it IS about the games, after all. All the exclusives, including Metal Gear Solid and the FF-serie, were reasons enough for many to buy Playstation. PS just was taken as more \'mature\' console, and it just had/has the largest selection of games to date - with real jewels amongst many \'grey\' ones.
History might repeat itself, but due to a longer time-span. You can\'t speculate what is going to happen just due to what happened - altho\' the past seems to change the views of the players a bit - but GC, for example, has a chance to survive and make out and sell well - just because it doesn\'t have that pricy/kiddish cartridge-system to play with.
X-box isn\'t going to bully around - it could get a serious competetor for PS2, but it isn\'t a certain winner. PS2 already has so many great exclusives coming, that many buy PS2 just to get them. And a player who buy a console just for the raw graphical power, shouldn\'t call himself/herself a player. And it\'s all matter of opinion. Even if X-box would buy some exclusives, PS2 still would have some games X-box wouldn\'t, and those games would make the difference.