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People are arguing on this:

PS360 will get crushed graphics wise by the Wii 2 in 2012... Fanboys rejoyce. Graphics wars will be on Nintendo's hand.

By 2014, Wii 2 will be obsolete because PS4, X720 will be way more powerfull of course. "The true next gen begins"

By 2017 such consoles will be outdated again by the Wii 3. Nintendo's back on top....

 

With all this dick measuring, everyone is ignoring the fact that Nintendo is aiming once again at a new experience, a disruptive marketing strategy that will put graphics on the back seat once again. We just have to wait to see what the controller is and what can it do this time around.

My only fear is that Sony and Microsoft could gently borrow Nintendo ideas once again, and implement on the 360 and PS3 whatever new fangled tech Nintendo brings to the table. Damage control till they can afford to release Ps4 and X720, being a Wii 2 with far better graphics.