Actually one of my co-workers kids did what I just described. he recieved about $350 of Cmas gift and 2 weeks ago gave up on looking for a Wii and got a 360 arcade. He still wants a Wii, but he will wait til next Cmas or some Bday.
End of 2009 Predictions (Set, January 1st 2009)
Wii- 72 million 3rd Year Peak, better slate of releases
360- 37 million Should trend down slightly after 3rd year peak
PS3- 29 million Sales should pick up next year, 3rd year peak and price cut