The 360, at this moment, looks like the clear winner, at least in the US. Sony's stratospheric pricing is a huge problem, and ditching rumble in favor of motion detection in the controller was sheer stupidity IMO. Sony has lost at least one huge exclusive license (GTA), and at this point the Forza license looks nearly as good as the Gran Turismo one. Metal Gear Solid is a great exclusive title for Sony, but MS has Halo and Gears of War. By all accounts the 360 is easier to program for, and developers have had the hardware in hand for much longer than PS3. I think Wii offers some interesting upside versus the other two consoles, but to me the 360 stomps the PS3 in value for money.