I see many possibilities, and one of the most likely things I could see happening is Sony making a mistake which (essentially) kills the PS3. In the very near future (I suspect by E3) Microsoft will announce both a newly upgraded Xbox 360 (with similar features as the PS3) and that the Premium Xbox 360 will be reduced to $299 (possibly with bundled games and a 3 month subscription to Xbox Live); the mistake Sony will make is that they won’t reduce the price of the PS3 in North America or Europe and their sales will suffer regardless of the content they produce. The Wii’s performance will largely be determined by the content Nintendo produces; they have a difficult job of producing all of the content needed to satisfy their fanbase while producing games which appeal to casual and non-gamers.
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