Hi and welcome to the forum and sorry to be mean but there is some rubbish in this article...
Point 1 - There are still over 130 million owners of last generation consoles who have yet to upgrade (mainly PS2 owners waiting to see if the PS3 will be worth buying).
How do you know this? How do youy know that the 43 million or so that have bought this gen weren't included in the 130 million count then take away repurchases for breakdowns (e.g. I had 4 PS2's last gen due to breakages)
Point 2 - "The Nintendo Wii could very well be a bubble that is already bursting" you then say "This is not based on ebay prices or shop inventory. It is based on the buzz and hype going on amongst ordinary everyday people. Before Christmas everyone wanted a Wii and everyone was talking about it. Now they are talking about other things" - I wanted a christmas tree before Xmas now I talk about other things but I bet they're still around next year, also who is "everyone". We have a console thats been selling faster than the DS did at the equivelant time in it's cycle and is already set to sell more than the gamecube yet everyone uses pointless words like bubble and fad, sorry man but read this stupid loaded article a million times over and the web is flooded with them.
Point 3 - you say the Wii is not next gen cos it lacks HD graphics (top this with you counting GTA exra content to be the biggest coup for 08 and it's not hard to see where you gaming interests lie) then I reckon you should watch http://www.cs.cmu.edu/~johnny/projects/wii/ (head tracking) and consider Nintendo's secrecy and their statement saying we wouldn't recognise Wii's software in 5 years time then maybe you could admit there's a possibility it may just be more next gen than any of us can comprehend.
Could go on but I cant be bothered
Those people that think they're perfect give a bad reputation to us who are...
"With the DS, it's fair to say that Nintendo stepped out of the technical race and went for a feature differentiation with the touch screen, but I fear that it won't have a lasting impact beyond that of a gimmick - so the long-lasting appeal of the platform is at peril as a direct result of that." - Phil Harrison, Sony
