The biggest news of the TGS is undoughtably the revolution console. The controller is innovative to say the least but this was about 360.
I must say I am not impressed by the next gen consoles. I don't care it has superior graphics. Sure there are some killer games like NFSU:MW but I'll wait till it comes out on PC. I don't like to use analog sticks in my games the control is not as nice as an old fashioned keyboard. So I might try the 3 consoles at some friends house. But I am not going to buy one. Personally I don't like Console games. FSS consoled games suck since the controls are unusable. RTS with no mouse is stressful enough to eat you own hat. The only good games that is controllable are race games and action rpg/adventure games. But since most of them come to PC I don't have a reason to buy a console. If I had to choose a console I pick the revolution since the big N never disappointed me gamewise (altough it's has been since the SNES, but the zelda on N64 at my friend house were superb).
Yes I upgrade my pc every 3 years so the fact that a console lasts 10 years doesn't apply to me.