What I worry about with the PS3 is the cost and quantity/quality of the games. The PS3 has the best hardware, that's pretty much a given, but with better hardware come higher development costs, which leads to higher pricing and less risk taking from the developers part.
Of course, I find the pricing of the PS3 outrageous too. And I'm pretty disappointed that Sony is ripping of Nintendo *again*.
I'd advise you to wait for at least a year after its release, then it will be obvious if the console is getting some decent games and support from developers. Of course, it's a long wait, but the PS2 is still getting great games (or so I've been told, I don't own one). The 360 doesn't seem to have any must have games yet, but then I don't think the Xbox itself has many either, so it's probably a matter of taste. *I* wouldn't go for a 360 right now.
EDIT: and i really miss a "Go for the Wii" and a Gah option here
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