I think I might have been unclear about what I was saying. What I was saying is if Insomniac were to have owned it's popular IP from the past, they would have been a much more attractive acquisition from an earlier date. Vivendi/Universal would have purchased them to get the Spyro IP, I believe. Sony would have purchased them to get either Spyro or Ratchet back then as well. In the end Sony picked them up because they are a talented studio, not because of any IP they owned.Ratchet & Clank (like Jak and Daxter) is a Sony owned IP, Sony made sure that they owned the IPs that they developed with 2nd party teams after they lost the rights to Crash Bandicoot and Spyro because those 2 IPs were owned by Universal Interactive (which then became Vivendi Universal, which then was sold to Activision and will likely end up in MS's hands)
Bright side for Xbox fans is they will finally have a Naughty Dog and an Insomniac developed IP to call their own ..lol
Also, what did you mean about Xbox fans having Naughty Dog and Insomniac IP?