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I sold my top-of-the-line rig to buy a PS3 and a 40" HDTV, and I haven't been dissappointed yet.
It was a combination of less of all the cool games coming to PC and more of them coming to the PS360 and the frustration of seeing new top-of-the-line hardware popping up all the time.
I think I would have felt a bit dissappointed if I had bought a Wii, mostly because there are only two games on it I'm actually interested in playing (SMG, NMH).

In short, no. I am definetly not feeling I didn't need a HD console