I have to agree with slickz... Although the wii gameplay might be somewhat better... but the cost to make it is even much much lower than the xbox 360.. surely it should not have been more expensive than xbox 360... at least rm1.2k-1.5k is ok... no further than that...

i personally liked the wii better... n hope that the price will go down soon... i believe that it depends on what kind of games u wish to play... n wii certainly have prioritized on gameplay... as for graphics, i'm sure one day, if they succeed with the wii, Nintendo will come out with another sequel to this console which might have better graphics...
right now, i believe that the Wiimote is cool enough to fight with other next-gen consoles... in malaysia at the moment, i think it is overpriced... however, i believe that doesn't stop anyone who preferred the Wiimote to rush for one... everywhere i go, they will ask me to order, since they are out of stock... this certainly shows that there are many demands on the wii right here in msia...
unless no. of demands go down (which i don't think they might) or Nintendo finally decide to launch it here officially, the Wii will still be overpriced... but to some, why would u wait when u really really want it... what if the price only goes down a bit after 3 months of waiting? certainly xbox 360 had better graphics, wide variety of games, but is it the same as having a Wii? it depends... if u like to swing, bowl, etc. when u play games, certainly is incomparable with handling just a controller in ur hands...
therefore, in my opinion, it is overpriced, but if i had the money, that would not stop me from having one...