http://news.bbc.co.uk/2/hi/technology/7156701.stm

Reports 2007 was the best year of gaming. I agree in terms of revenue but not of profit look at Sony. M$ barely has a profit bc of Halo 3 the only ones i think that made a huge year really was Nintendo with the DS and Wii.

yeah 2007 was one heck of a year

Well God of War 2 came out so yeah it has to be :P

2008 will be much bigger.

I agree that 2008 will b better in terms of profits for the Companies especially better for Sony. But also some heavy hitters are coming for 2008.

Here's another good read

http://news.bbc.co.uk/2/hi/technology/7107144.stm

Profits are for the game business; gaming is all about the games, and we've got some phenomenal ones this year. Factor in that the PS3 underperformed on it's exclusive titles, and I think we have the potential to see an even better year before this generation is out.

 Expectations for 2008:

Huge games: GTA4, SSBB, MGS4, MKWii, DMC4, SC:C, Too Human, Fallout 3, Halo Wars, Duke Nukem Forever, Fable 2, etc

WiiFit furthers market expansion 

360 hits mass market price (given the Wii, I think we can say that's now $250).

PS3 continues to increase in strength

Nintendo finally gets respectable online gaming

New DS model announced (just a guess)

2008 will be better

2008 will be better :D

DMC4
Resistance 2(GOTY)
LBP
INFamous
SSBB
WII FIT
MARIO KART WII
LOst odyssey
KZ2
MGS4

yes it will be better by a huge shot.

in terms of games the only console that right now may have a worse software lineup in 08 is X360. But even X360 has great multiplat games and some exclusives (halo wars, ngs 2...), so in general i think will see a much better year for gamers