Wouldn’t this criteria make PS2 and Xbox “peak gaming” also? I remember playing CoD online on PS2 and many praising Xbox for its online features.
Once PS3 and Xbox 360 came in picture, things changed slightly since they relied more heavily on their network services… albeit, PSN back then was free for online gameplay. These were on the same generation as Wii, but Wii was a winner for casual playing.
Xbox360 might not be the most important console out of ALL consoles, but I think it's the most important _modern_ console. Online gaming, online store, an indie game channel with XNA (which itself was revolutionary, even though some of its importance might be forgotten today), HD support. A lot of things it got right back when these were all brand new on a console. Plus it had geometry wars.
I wouldn't disagree with that!
Mind you, I broke my video game addiction shortly after that time-period - my last console was an Xbox 360 - and haven't got a firm grasp on what's come since.
A lot of aging millennials would agree with this statement. PS2 was peak Sony for sure and the original Xbox is one of the very few things Microsoft got right.