I feel more secure with PC technology, IMHO.
I mean, sure it does not evolve drastically, but more of a steady progression. PC might not produce out-of-this-world 3D in a flash, but we know it is going to have pretty 3D along the way.
The slow step up of DXs, the different type of chipsets/boards, ATi vs Nvidia vs Matrox, and realworld usuage. We can be assured that there are significant tweaks with every passing hardware.
PS3 is indeed the wildcard. Crazy 3D out of the blue? I give it a 50-50...? I feel uneasy with it, very powerful cpus, different approach, pixel for polygons as ATi Orton guy said. I seriously hope Sony do get Nvidia's input on the GPU.
Can powerful multipurpose CPUs really out-do specialized GPUs?