Wow, I haven't seen this video in a long time. I remember this being quite old to be honest. When the video was first released there was a lot of talk about it representing GTA and it's next title on 360. However this isn't the case, it is in fact another game:

www.apb.com

Apparently it's made my the same dev team who made Crackdown along with another team. At least that's the impression I got.

With regards to the console market I'd say that 360 is the best buy at the moment since it has more titles than the PS3 and Wii.

"If there isn't any games to start off with, whats the point?" 360 didn't come out with many titles, and the Wii sure as hell didn't. Seeing that the Wii's only real games were Red Steel (a lot of varied reviews.), Zelda TP (amazing but not even an official Wii game), and obviously Wii sports. Nintendo are in the same position as Sony when it comes to titles, they are selling on the promise of future releases.

With regards about the sales of the Wii booming, lets not forget the 360 doesn't sell that well in Japan which I feel makes quite a difference.

I've played all 3 consoles and I really can't say one is better than the other when it comes to playing them. The only issue is the lack of titles, which 360 wins hands down for me at the moment. People fail to realise that all 3 consoles are actually really good, and a lot of fun. But as I previously stated the PS3 is undesirable at the moment due to the lack of titles. As someone else said, in this situation they have shot themselves in the foot. Not as many people are willing to develop or port games to PS3 because of the coding issues. PS3 uses a different method of coding than the 360. It is apparently a lot more complex and it is a lot lot harder to find issues in the coding than with the 360. So although I think the PS3 is an immensely fun console to play, unless more people develop games for it it's future doesn't look that good.