I think that there is! In fact, I truly HATE the term "Entertainment Software", because it doesn't give us gamers any artistic taste.
ES=The Sims, Second Life, Webkinz, GUITAR HERO ect.
VIDEO GAMES, on the other hand, have genuine stories, characters, and locations. These titles PROVE that our industry is artistic, and if we lose this, we'll be just considered a ton of "programming nerds".
Video Games=Final Fantasy, Sonic, Mario, and tons more.
So, which kind of title do YOU like more?