Not necessarily. Even if the hardware wasn't exactly the same, it came out too close to the Saturn. Had there never been a Saturn and the Dreamcast, even if it was slightly weaker like a Saturn 2.5, would have launched in 1996, the console would not have done so poorly. It also would not have been so quickly outclassed by its competition, as it would have directly competed with the PS1 and Nintendo64 the same year.

Its really all to my point that piracy had nothing to do with the console's failure. There were other problems with the Dreamcast that caused its death.