"Real" next gen games?? I don't see anything that the XBOX360 is any less next-gen than PS3. In terms of hardware, both are more or less equal. They're both current-gen DX9 Shader Model 3.0 GPU from ATI and Nvidia. The only difference lies in the CPU. Unless the CELL proves to be exceptional, there's really nothing that says it's vastly superior to the XBOX360. Currently the PS3 doesn't shows anything that can't be done on an XBOX360 or a high end PC for that matter.

Unlike the PS2 and XBOX, the old XBOX was actually 1 generation ahead of the PS2 in terms of the GPU. Here, the PS3 and XBOX360 is more or less from the same generation and the only reason the PS3 isn't released yet is due to that crappy Blu-Ray DVD that SONY is trying to cram into our throats.

The WII will probably be just slightly inferior in terms of hardware to XBOX360 and PS3, but then again, it'll probably won't be any significant difference (other than it can't display in HDTV mode) since the GPU is also from ATI.

In this gen, the graphical difference will be quite insignificant especially between PS3 and XBOX360. If you're not running HD, then the WII probably can handle anything the PS3 can do albeit at lower resolution.

The decisive factor this gen will be:
(1) Price
(2) Originality
(3) 3rd Party Support

The PS3 has lost factor 1 and 2. If they can't convince people to buy their overpriced junk, 3rd Party Support will also be a diminishing factor...and given the current respond of 3rd party developers on the PS3, it doesn't seem to bright.

Analyst have predict a very possible 3rd place placing for SONY this time.

I just hope Nintendo/MS can whoop SONY's arse and teach them not to make us consumer/supporters the pawn in their media format world domination plan.