This picture represents how I feel about the PS3 at the moment. Throw your money in. What will you get back? Heavenly Sword and Final Fantasy so far, as long as those games aren't $75. Nothing else particularly gets me excited. I'm not too excited to get a 1080p television any time soon either; the prices are ridiculous.
I wonder how gamer's stances will change a year from now. The Xbox 360 will be on year two, while the PS3 and Wii will be completing their first. How will games progress? Will games on the Xbox 360 look better merely because developers will have had more time with the 360? Will people who were mad about the pricing announcements this year be humbled by some potentially great games that will be available for the PS3 next year?
I think the PS3 is going to get 360 ports, personally. And all of the people that are only upset with Sony because the PS3 is expensive will get over it. They'll play that one game it will take to turn them, whether it be at a friend's house or in Wal-mart. Either that or prices will go down. We may even see a rollercoaster of who-has-top-sales for a while.
Of course...it will be a lot easier to get a feel for the future after the upcoming holiday passes.
Speculation: a practice in futility.