I think that overall, the PS4 will be the most powerful. Here is my predictions for each console:
Wii 2
- more enhanced motion controls
- better graphics, maybe XBOX 360 level, but not at the level of the PS3
- still use dvd-9
- 40 gb harddrive
- Launch Price: $299
XBOX 720
- Duo core processor
- 1gb ram
- HD-dvd format
- 120gb harddrive
- gimped motion controls on the same 360 controller, with last gen rumble
- still no wireless wifi
- very limited backwards compatibility with the 360, no BC with original XBOX
- same online as current XBOX LIVE, $50 per month
- Launch Price: $699
PS4
- Octuple-Core Cell 2 Processor
- 3gb of ram
- blue ray drive + recorder
- 1 terrabyte harddrive
- next gen wifi
- built in eye-toy
- online service that is better than current XBOX LIVE and is free
- 100% full backwards compatibility with PS1, PS2, and PS3
- next gen controller than incorporates standard controller functions with next gen motion controls, and has next gen rumble
- Launch Price: $399
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