How many times did we have a "beginning of the end for 360"? Just accept that the 360 isn't dying, even if it gets a disadvantage in terms of installed base towards the end of the console war. It will keep having moneyhatted exclusives, plenty of multiplatform games. The 360 sells a lot of software, so it's not going away any time soon. It remains a viable platform. The PS3 became a viable platform after it got its huge price cuts and finally started selling decently.
Bottom line - for all practical purposes, the 360 and the PS3 have tied, and have almost equal appeal except for 1st party games and moneyhatted exclusives, which are the distinctive feature. Sure, one of them will have a marginally bigger installed base (probably PS3). Sure, one of them will generate slightly more profit (probably 360). However, those things only matter for Sony and Microsoft, not for 3rd parties and not for most gamers either.
If you have a HD console, be happy in the knowledge that it didn't (and won't) die anytime soon.
My Mario Kart Wii friend code: 2707-1866-0957
