6) Gizmondo: This GPS-enabled handheld system looked, smelled and tasted like shady since it was announced in 2005. There were hardly any games for it. No one bought it, and the funnest thing that ever happened in the history of the system was Tiger Telemetrics' president Bo Stefan Eriksson crashing a million dollar sports car in Malibu, then being accused of being involved in organized crime.

5) N-Gage: Nokia, the creators and marketers of the N-Gage, will join their comrades who made Gizmondo in whatever level of hell is reserved for makers of over-hyped, under-performing handheld gaming systems. The N-Gage had a solid idea at its core--a cellphone that plays games--but the device's design was so bad, both playing games and talking on the phone were awkward, plus most of the few N-Gage titles that saw release were buggy, lagged-out messes. The device sold only 2 million units in 3 years, against projections of 6 million. Even Nokia themselves admitted the N-Gage was ultimately a failure...and a costly one at that.

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