Yes the Atari Jaguar sucked, but Atari is far from defeated. Even though Atari has not released another system since the Jaguar, Atari has been getting a little help from high places technology wise. I learned after the Jaguar failed markets worldwide, the U.S. military bought the company. That's were they are getting help and that's where the mystery pops in.
Not true. The company merged with a disk drive manufacturer who had no interest in their gaming properties, these properties were sold to Infogrames.
The unsold stock of Jaguars were shipped to companies who used them in kiddie rides like Skycopter II, and the case molds were sold to a company that makes cameras for dentists (it's unbelievable, I wish I could find that site that had the picture).
BTW, if any of you have the Reservoir Dogs 10 year DVD, pop in the widescreen disc, go to deleted scenes and watch the scene "Background Check". The female police officer is using an Atari ST.