I won't put any bold predictions in. Except that the sales for the year 2008 will be reflective of final placement for this generation.
PS3 will improve in sales this year substantially, but it will be closer then people think with 360. There are good titles coming out for PS3, but 360 has new IP titles that could be fairly equal to the PS3 titles. Because of the delays that many titles have faced on PS3, the Microsoft first party titles have had more time to become better and therefore should compete well if Microsoft's marketing does their job.
Price drops will help PS3 but, 360 has room to match or better those price drops. If 360 can hold sales this year, it will really help it survive through this generation as next year sequels to strong selling 360 titles will probably start coming out.
As for Wii, I think it will continue to be strong this year. Until, Nintendo stops producing great games Wii ownership will continue to grow. Most Wii owners I know don't play as many games and don't stay as in touch with the day-to-day gaming industry. So, until either Microsoft or Sony come up with something that really threatens the Wii the world will be status quo for them.
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