IGN released their specs, claiming that Wii will be a little upgraded Xbox, and everyone believes it...But hold there, there is nothing bad with it, Xbox had great graphics(Halo 2 and stuff) so, Wii would have better graphics than Xbox. Xbox was priced at about 300 dolllars I think, so you will be getting better than Xbox like graphics, along with the free hand technologies, WiiConnect24, everything else!...
for 200 dollars(very likely). This is a great deal!, because over all, GRAPHICS DONT MAKE FUN!!!.

All Nintendo great titles, Virtual Console and even a browser, Wii will obviously own Sony and MS