Zero interest in Microsoft this generation. Between the RROD fiasco, exclusives dwindling, Adbox galore and the Live proposition continuing to drop Microsoft can't win me back without some serious effort. I'm marginally interested in Sony's next gen stuff but I might just skip this console gen altogether and go with the PC exclusively. I think there was 5 total exclusive titles I thought were "system sellers" and I could have lived without them.
I think what I'll do is maybe buy-in 3-4 years into the generation, get the system and games super cheap.