I play my PS3 most often (actually, second most....but the Nintendo DS isn't one of my options), then Wii. If you don't own an HDTV, you should give serious consideration to the Wii. (Doesn't mean that games won't look good in Standard Definition....it's just an admisison that you're not getting the most for your dollar with the other two.) Second, as others have said, it depends on what you want to play. I own a PS3, but I'm not about to advocate about either system's offerings. You're going to have to put in some groundwork based on what you like. Third consideration is taking your console online. Many new games offer (or will offer) additional content or multiplayer modes which can be accessed online. All three systems have firmware which has been (and will be) updated multiple times per year. The Wii can access a wi-fi network out-of-the box, but doesn't have an ethernet port (for wired networking). The PS3 has both wired (ethernet) and wireless (wi-fi) capabilities. The XBox 360 has an ethernet port, but charges $100 for its Wi-Fi adapter (a ripoff, IMO). For both 360 and PS3, you'd actually be better served to wait a month or two. Sony is still bundling the PS3 with the SIXAXIS controller, and not the new Dual Shock 3 controllers (the old controllers lack rumble support). Likewise, Microsoft will eventually replace their current system setup by replacing the CPU and the GPU with different chipsets, which should finally and completely solve the "red ring of death" hardware failure problem. There are about a million other concerns we could spout off (XBox live has better services for online play, but comes at an added fee; PS3 is a Blu-Ray player, PS3 allows you to manually upgrade the size of your hard drive, the 40GB PS3 is no longer backwards compatible with PS2 games, and the 80GB version only has limited backwards compatibility, etc.), but for most people....it comes down to which games they most want to play.