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the biggest thing for nintendo next gen is that grahics have come to a point where they are beginning to look the same with very little change.
The wii right now looks pretty darn good graphics wise, and next gen it will look better, whereas the ps3 and 360 won't look that much better. The gap will shorten.

But it is stupid to think that sony and ms are going to make 200-300$ consoles next round. They don't have a) the lineup of ninty 2) the fan support of ninty 3) innovation that ninty has 4) ninty is going to be huge next gen if this all pans out well, because people will be so impressed they will forget about the competitors.