MS won the browser wars for two reasons:

1. IE is bundled with Windows.

Agreed

2. Netscape sucked. And still does.

Agreed. But IE sucked just as much back when the major browser war was going on. I think for me, IE 5.0 passed Netcape 4 in almost every way. (Of course IE users had to wait for 5.5 to get Print Preview).

To me today, Mozilla (and now Pheonix) is much better then IE for the feature set. Netscape? Well, thats just AOL's twisted version of Mozilla now.