The specifications of the new XBox 360 and PS3 are amazing. Not only they look good, but also they are built with the latest technologies — e.g., Blu-ray, super fast CPU, Bluetooth controllers, removable hard drivers, Wi-Fi, video chats, and HDTV output.
I think video game consoles will gradually evolve into multi-purpose electronic devices that will serve people beyond video gaming. In the future, probably we will use video game consoles to communicate with friends and families, send email messages, order products online, watch movies, and download music. It will be interesting to see how things will play out between the video game consoles and the digitial entertainment centers.
Side effect: I think the sales of game consoles with HDTV output may boost the sales of HDTV.