I got my first Game Boy when I was sick in a hospital in Edmonton (Holy crap, was that 20 years ago?). That is what set me on the course of video games for life!
According to Wikipedia (THE most reliable source on the net) Game Boy sold 118.69 million units, including the Game Boy Color. I'm assuming that includes all of the iterations up to then as well, such as the Game Boy Pocket.
The PS2 sold 136 million as of December 2008. The price point issue is easier to swallow when you remember that the PS2 was one of the cheapest DVD players to come out when DVD caught on.
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