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I am also a Wii owner that is still undecided about getting either a 360 or PS3. (I will probably get one of the other Christmas 08)

I don't really care which hardware I get, it is all about the games. 80% of the games will be on both systems. Both have a ton of good games out now, or in the next year. It all depends on the games you like to play. Just make a list of exclusives and pick the lineup you would rather have. Easy as that.

Personally, I would wait until the RRoD is confirmed to be fixed, if you are going 360.