I've never been much of a console fan. Give me a PC any day.
Both the value and performance are higher when spending a little above average. The only advantage to consoles really is casual gaming like Mario Party or Super Smash. Hence why I got a Wii ala cheapo, second hand. I can write a whole essay on this matter, but I won't bore you with that right now. ;)

You won't see me lining up for this thing, nor the new XBox and PS that'll probably arrive in the near future (say holiday season 2012).