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I'll do a console by console one to go along with my general one:

PS3:

- Mandatory installs - Not so much a problem anymore but before it was in every flipping game

- Long Updates - The firmware updates seem to take forever, even the ones that seem absolutely useless

- Bad ports - Again, not so much a problem now. But in 06 and 07 this was a huge problem.

- $600 at launch

- No good games till late 2007 - Basically people had to go about a whole year before good games started rolling in


360

- Red Ring of death

- $60 for online


Wii

- Did they put any effort into online?

- Casual Games/Party Games - This is the 3rd parties fault, not Nintendo's

- Motion Controls

- No DVD/Blu-ray

- Excessive peripherals (Balance board, wii wheel, nunchucks, zapper, etc)