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The way i see it is this. Multi-platform compatability is the future. Games like MW2 that are playable on multiple systems are where it is going. So i imagine nintendo will want in on this too. As despite wii's strong console sales and a handful of 1st party titles, the wii's 3rd party titles arnt generally faring to well at all. I think all 3 consoles are going to be about as powerful as each other allowing for games to be released on all systems with similar graphics and gameplay. Wether this is through them talking to each other and coming to an agreement about what kind of power figures they will aim for or not i really don't know.

But i see all next gen systems being similar in power. The winner will be due to price, superior online service, and exclusives. I think trying to predict how much power any of these systems will have or when they will release is too hard at this stage of the game.