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Wow, where to start...

Yes, you will appear to be right, the PS2 hardware sales will basically stop after this holiday period.

However, lets assume 500 000 PS2 sales in a year stop as of today
Because the PS2 is cheaper and has a much better games library than the current gen consoles, maybe only 80% of this number will buy a console - the other 20 will spend their money on DS/PSP/dvds/cds/whatever else people buy

400 000 extra 7th gen consoles in a year

now, the Wii is currently getting 55-60% of console sales, but because these are prospective PS2 owners, they are probably going reasonably casual

65% of the 400 000 go to Wii
PS3 is much more expensive and less casual than the PS2
10% of the 400 000 go to PS3
360 gets the rest
25% of the 400 000 go to 360

Sorry to burst your bubble champ