Well, personally I think I'll go back with my opinion I had a few months back: I think both the PS3 and Wii will fail, in various ways. Let's break it down, shall we?
Wii
1) Most non-Nintendo fans will scoff at its controller, and already have
2) Most parents will look like fools mispronouncing the name
3) Most of the games are looking really, really lame, with the exception of Mario Galaxy and Red Steel
4) You have to buy some "optional" controller doohickeys, like the Nunchuck attachment as well as the "classic" controller
PlayStation 3
1) Sony has abandoned their previous marketing strategy of "Let Ken Kutagari say demented things about four-dimensional whatnot" in favor of stealing features from other systems
2) $600 for the system, $60 for a game and $50 for a controller is a tad much
3) Personally, I think the notion of paying $50 for a copy of Ricky Bobby or Underworld 2 in Ultra-HD Blu-Ray glory is stupid
Now, these are just my personal opinions. I happen to be very pessimistic, as well as cheap. However, the PS3 and Wii, as well as the Xbox 360, all have their high points, which I didn't have time to highlight. If I had about $3,000 to burn, I'd buy all three systems, plus a few games and an HDTV. But as it stands, I don't and despite the Wii's low price, I'm not about to spend $250 on what could possibly end up being a cheap, gimmicky kids' system. So there.