I dont understand the appeal of console gaming in the living room... :-p
Anyway, I always preferred laptops and handhelds because its so pratical to carry your gaming gear and play anywhere, with anyone, without needing to hog the tv or be a slave to your chair/couch... Me and Luiza even game on the bed on rainy days, either multiplayer, or each with a different game.
And handhelds these days are just a step behind consoles anyway (iphone 4/ipad/andriod games) are even looking better than the Wii, so there,s no reason to get a console except for the odd exclusive