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Wii: Best first-party games, most innovation, and soon, third parties will defect to it. My favorite.
PS3: Lots of potential, but not many games are out yet. Also has the benefit of Bluray. Also, it is priced higher than the 360 and Wii.
360: The best FPS console, with great multiplayer. Too bad you have to pay.
PC: Most of the good PS3 and 360 games end up here too. Plus, mouse and keyboard control better than a traditional gamepad. Also has by far the largest library, with the most variety. It is much more expensive, however. My second favorite.