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Anari said:

Nintendo will win the generation in sales. They are launching first , at a good price and have a well featured console. Plus, they are set to dominate Japan in both the console and handheld space.

As for PS4 and 720, too early to guess which will take second place.

I largely agree with this, particularly on Nintendo setting themselves up for dominance in Japan - not only on the handheld front - but also becasue I think WiiU will provide a bit of a much needed resurgence for the console market there.  I believe that Japan will be Nintendoland for the 8th gen.