[benza13]

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Wii
Pro - Super fun games, even though they're aimed at kids. I have not met anyone who's played it who didn't love it. Also, way cheaper.
Con - Made for kids. Nowhere near as powerful as the others. Not a DVD player.

PS3
Pro - Cheapest Blu Ray DVD player. Game selection getting better. Backwards compatible if you have a PS2.
Con - Still the most expensive. Game selection not great.

Xbox 360
Pro - Good game selection. Reasonable price compared to PS3. Backwards compatible to Xbox. Selling a lot more units than the PS3 so if you play online there's more people to play against.
Con - Not next-gen DVD player (just a regular DVD). Has some issues with the hardward that's caused fatal errors, although MS has upped the warranty.

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this is pretty good, any more detailed thoughts on whether the game selection for PS3 is going to keep improving to the point of making it worth buying over the 360?
also stars name?

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How is 360 not a next gen DVD player? Its not a blu ray player but does play HD dvds. BluRay will not be the medium for years, HD is next in line, bluray is far far down the road. And ps3 game selection getting better? They have 3 games coming out in the next 3 months that anyone is excited about. 360 has sold most units, wii is catching, they're giving away ps3s the sales are so bad.

Wii online is nowhere near 360s online. You gotta pay for 360 but thats actually better. They fix bugs immediately, no cheats, constant updates, etc.

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The 360 is not an HD DVD Player unless you buy the separate upgrade, making it comparable in price to the PS3. Blu-ray has better selection than HD DVD at this point, although the race between them is hardly over. This is pretty much the only place that the PS3 currently enjoys an advantage though.

The exclusive games on XBox are generally much better than PS3 and there is a wider selection, both of games in general and in exclusives. Also many games are being ported from the 360 to the PS3, making play on the 360 better.

As far as Elite vs Premium 360's, get the Elite, the bigger hard drive is definitely worth getting, plus it has HDMI (although new Premiums are starting to come with this as well).