I plan on grabing both a PS3 and a Wii next month on their launch days.  The way I see it I have two options: preorder or grab em on their release day.  Sweating the preorders is a pain in the butt because nobody wants to share that "sensitive" information and I end up having to call every morning just to make sure they did not decide to go ahead with starting.  I also have to search a bunch of gaming sites just to see if anyone has heard any word of when preorders will begin.  Then there is the wait in line option.  I live in Chicago and it gets frosty-balls cold out here.  The way I see it, the wait will be for at least 1 night, one entire day, and one morning for the PS3 and probably an afternoon and a morning for the Wii.  Now that I think of it, either way I end up waiting in a line because preorders are no different in many cases because you want to be one of the early people on the list so that you have better chances of securing a system on release day and not being forced to wait for the next shipment.  Oh well, either way I guess it's the same thing.