I liked MS' attitude when they released the first Xbox, but they seem to be doing a 180 instead of a 360 by focusing on non gaming features. The games they did show were pretty underwelming...DOA 4 doesn't look a heck of a lot better than DOA 3. I also don't like the fact that this system was released so soon after the original Xbox. Perfect Dark may get me to change my mind eventually, but I'm not getting this anywhere near launch.
PS3 looks great. The tech in this thing is serious...bluetooth controllers and built in Wi FI, 1080p, SD, etc...its a technophile's wet dream. Since I have a PSP, connectivity there is a big deal for me as well. I think the best feature, and what's going to help them beat MS, is Blu Ray. I was really surprised MS decided against using HD-DVD...even though it doesn't hold as much info as Blu Ray, its still better than DVD. Those 50 some Gig disks are going to entice 3rd party developers who want to put huge amounts of information into their games. Its also good just to own something that can play high definition stuff. I'm sick of watching regular free TV in high def and having it look better than the DVDs I drop my hard earned cash on. I think MS kinda dropped the ball on that one.
I like that Nintendo is going in a different direction with its games, but I haven't really seen what that direction is to comment on it. I'm a little disappointed they didn't go HD-DVD or Blu Ray, but I can understand since they might be trying to keep this in the sub $250 range. If they keep the price low, this will probably end up being my first next gen console. I know Nintendo will, at the very least, have a ton of great first party titles. The fact that these games will now be online is another great thing...I really hope they can somehow get online features in some of those retro games as well. Connectivity with the DS (my new favorite toy) is also a big deal to me, so I'm definitely getting a Revolution.
In short, I'll end up with all three eventually, just like this generation. Probably the Nintendo first if its cheaper than the PS3 and there aren't a ton of PS3 games available...a PS3 after I get a TV capable of 1080p, and an Xbox360 later on. A lot of it depends on price tho, so if PS3 is in the $500 range, I will definitely be waiting for a while.