Got my wii last night at midnight, been playing it a bunch since...the only issues i have with it so far is 1. the speaker in the wii-mote is pooper, but can be turned off and 2. I'm playing on an ancient 27" tv that i borrowed from my mom, thing is so old that it doesn't have red/white/yellow cables, just the deals you had to put RF adapters in (indicates this tv dates back to NES days, even SNES had RCA cables)
The PS3 i'm against buying until the price goes down at least 200 dollars and it is redesigned, as every sony i've bought save my 2nd PS1 has broken. Also the launch lineup is unimpressive, as usual (ridge racer and sports games, again?) I'm sure when the economize the production of the ps3 it'll be a decent system, but for now its a terrible value
I'm buying a 32" hdtv from best buy on black friday ($799 tv for $479, if anyone is looking for one, go to best buy thanksgiving day around 3am and hang til 5), so it'll be sweet looking come saturday.
If the ps3 never sees a price drop, i may pick up an xbox360, as they have a considerable library already, even if the japanese hate the system