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@Squill
Thats what i think, MS will have the nextbox out on the market by then, and 360 will be discontinued. Maybe im wrong... but who knows.

Wii is confusing, as you said. I expect them to release Wii2 by ~2011 with HD. And once they do that i cant see them keeping the Wii on the market for too long after... as ALL focus will be on Wii2.

PS3 is also confusing, and all depends on how a $300 PS3 would go down, but once again... who knows?