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I still think these analysts are underestimating the Wii ...

In the Playstation/N64/Saturn generation the non-dominant consoles had total sales in the 50 Million range; in the PS2/Gamecube/XBox/Dreamcast generation this jumped to (roughly) 60 Million. If this pattern continues I would expect that the maximum total sales the PS3 and XBox 360 will be able to achieve is 70 Million between both systems.

2008 will be a much bigger year for the Wii than 2007 was, its supply will be much higher (probably averaging 1 Million more per month), it will finally be getting some decent third party support, it will likely see a price reduction or bundle, and Millions of non-gamers will be exposed to it as its userbase grows and will potentially become very interested. I wouldn't be surprised to see the Wii sell at three times the rate of the XBox 360 and PS3 through 2008.