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BusinessWeek’s Bruce Nussbaum has posted an editorial in which he asks if Halo 3 can save Xbox 360 from Nintendo’s Wii, which is currently the best-selling new system.

For hard-core gamers, this week’s introduction of Halo 3 is a gigantic event and this third iteration of the Halo game series is said to be totally awesome. That will certainly help push Microsoft’s Xbox 360 into the black and may be the last chance for Xbox to become a truly profitable operation.

But the real issue is whether the Xbox can take on Nintendo’s Wii which is now the No. 1 best-selling game console in the US. And the answer is probably not.

Why not?

 Click here to find out.