As an Xbox 360 owner, it was amazing up to a point. Everything started to suck around the time the Kinect came out and Microsoft made some horrible moves.
-Ensemble Studios was shut down
-FASA Studios was shut down
-Bizarre Creations was left to die
-Rare and Lionhead went Kinect
-Lionhead was left to die
-So many good IPs that MS owned were left to die
- Itagaki left Team Ninja and Ninja Gaiden 3 happened
-The Elder Scrolls series was dumbed down
-Mass Effect 3 wasn't that good
-The Phantasy Star Universe servers were shut down
-The awesome e feature of watching movies with your buddies on Netflix via Xbox Live chat in a movie theater setting was cut out
-The Xbox One E3 reveal happened
Sorry for being so negative.
Overall, I loved the gen and played some great games on my X360 and Nintendo DS. It was also the last time I bought some awesome retro games at reasonable prices, before everything got stupid expensive. I bought a complete copy of Snatcher for the Sega CD for $60 back then.