PS3 can still finish in first place.

[Alby_da_Wolf]

3rd parties will pretend that any next gen console has no less than a good minimum amount of RAM, not less than 4GB I'd guess, and enough CPU and GPU power to handle complex and detailed levels and AI, and a 3D @1440p video output, and obviously with enough spare computing power to handle controller and camera based multiplayer motion detection. Such beasts should be at least thrice as powerful as a PS3, so even the least powerful next gen console won't be able to be released before Q3 2012 and be priced within $300, unless the producer accept to sell it at a loss initially. This, added to the fact that Nintendo will be very busy with 3DS next year, makes very unlikely that Wii2 be released before Autumn 2012, but Nintendo could anyway start making the first announcements next year. By then Wii will be largely profitable even at $99 and so it will be able to repeat PS2 success as entry level console, or at least come very close, selling at least for another 2 years and making very difficult for PS3 to arrive 1st, even if the latter will be able to stay on the entry level market one or two years longer. The only still unknown factor is the emerging countries market growth, but even there, despite the initial logistic lead for Sony, Nintendo should fare very well thanks to Wii's low cost.