I respect Kwaad's opinion on this, but I don't think he should be 'threatened' so much by the Wii.
The 360 and the PS3 are NOT going away, so any one playing those two consoles will continue to get their HD fix and their HD games on both of those consoles for this generation.
For me, that is a good thing because I love those kind of games, I love HD pretty RPG's and FPS etc etc (I sound like a stuck record).
And HappySquirel I think your comments about the SEGA fanboys is so accurate, I used to be a Sega fanboy when I was younger, yep definately was, but have since out grown that obsession (due to a falling sega empire, but I still love certain Sega games - Grandia 2 on Dreamcast = better than FF7 lolz), but I haven't really moved my 'allegance' to another format since then and just enjoy the most of them that I can afford at any one time.