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Correct me if I'm wrong, but I believe Nintendo was on the dance floor before Sony or Microsoft ever got up off their chairs.

No one this generation, so far, has seemed interested in stating specific hardware specs. Not that specifics really matter to gamers, they barely matter to developers.

All three consoles can do 1080p games. The PS4 and the Xbox 8 will be able to offer "bigger" games than the Wii U, but for the most part all three will be able to offer similar games.