Consoles fighting

The PS3 has been, released and was received relatively warmly by the PS fans in North America many of which camped in front of stores that would be retailing PS3s.
The price of the PS3 sadly surpasses the prizing of both competing consoles, the Xbox 360 is close by but still cheaper, Wii being like it predecessor the cheapest console on the market, tries to offer good entertainment for family and teenager.
The PS3 has a Blu-Ray drive and impressive computing power on its side, while the con currently include, a glitch with the backwards compatibility, the prize, and of course the limited number of titles which are exclusive for the PS3, further Fans have criticized that the new controllers for the PS3 do not have the rumble function anymore. Also the limited number of 400.000 consoles for the North American market.
One oddity occurred at the release of the PS3 which is that there were more consoles sold then games for the console.
Playstation 3 sold more units than games
The Xbox 360 has a battle hardened online system, the prizes have already been reduced, a good number of unique game titles is available for the Xbox and the it is mostly backwards compatible by now. The con is that to watch a next generation DVD it is necessary to buy a new HD-DVD drive for the Xbox 360, further its computing power does not reach the potential of the PS3, then again it is almost a year old.
The Wii being released tomorrow offers an impressive array of games, which ranges from the NES, SNES era (those can be downloaded from a server), it is also backwards compatible with Gamecube games, and thus allowing the player to enjoy a wide variety of games. Further it has a more direct new controller system which if it works as promised will be most interesting. The Wii is also the physically smallest of the consoles again just like it predecessor it is designed to offer game fun and fit in with the rest of the living room.

Wii homepage
PS3 Portal
Xbox Homepage