We do view gaming differently. I still have an SDTV, and while I plan on getting an HD TV I don't plan on getting a huge one (28-32 inch), and I'm not getting it for strictly for gaming purposes.
I do appreciate your democratic view of the situation though. I don't think Assassins creed needs motion sensing to be good, nor heavenly sword waggle. But I don't think that simply making things prettier and with better physics and sound is the way forward. I think that's simply doing the same thing that's been done for the past decade, just doing it a bit better. I believe innovation is needed to keep the industry growing, and to keep games fresh. Specializing, and targeting increasingly more specific (and smaller) demographics cause the market to stagnate and games to become stale.
I wouldn't be opposed to the wii having a bit more power, but if I had to choose between an underpowered system that is changing the way we play and view games, and super powered systems that require thousands of dollars invested to truly appreciate I would choose...well I already chose a wii.
But again, I do appreciate the democratic spirit with which you approach the question.

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