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numonex said:

The PS3 sales will eat up Wii and 360 sales more people will initially jump on board the cheaper PS3 which is a better value game system - includes Blu-Ray, free online, 120GB HDD and Wi-fi for only $299.


Value is subjective.  Some people place value in features, and those people would buy a PS3 (even though the features you listed, except for Blu-Ray, are not exclusive to the PS3.).  However, the people that buy a Wii likely place value in its games.  That's why I don't believe PS3 will take sales from Wii.  If anything, it will take sales from the 360.

Wii:  900K, 360:  400K, PS3:  500K