I think the most over rated thing this gen is the Wii. It's horribly inaccurate (I know this because when I play things on the Wii that I am good at in real life it never works or reads move the way it's suppose to).
Xbox Live is pretty high up there too. Everyone told me PSN is laggy and sucks compared to Xbox Live. Well I have both consoles and I would have to say PSN has no lag and is better then Xbox Live because it's free.
As for the PS3, the graphics seem to be over rated. But I can't be 100% sure because I don't own any graphic power house PS3 exclusives. But when I compare PS3 graphics to Xbox 360 graphics for the same game, they are pretty much the same. I don't think developers waste their time trying to make one consoles graphics better then another’s if the option is available because it's a waste of time and money. So the only thing you can really look at is powerhouse graphic exclusives.
