The Wii wasn't designed to be a next-gen graphical system, so calling it subpar is kinda off.
Wireless isn't a deal breaker. Having a wired network isn't a pain at all. 5 mins to run a line. Plus it saves $100.
360 can play high def via Media Center. Playing HD DVD is kinda moot since they aren't quite popular yet. Even then, if you got the HD-DVD drive, it's still cheaper than a PS3.
360 has TONS of great games. GoW, Viva Pinata, Rainbow Six Vegas, THPS8, Dead Rising, just to name a few. Not to mention XBL is leaps and bounds beyond what PS3 has (yet. I'm sure they'll patch the system and add to it over the next year or so.)
Wii just came out, so yeah, there's probably only 3 or 4 great games there at the moment till Mario & Metroid hit.
Bottom line, PS3 has nothing for it at the moment, and most of the exclusives are going to the 360 anyway because developers are increasingly frustrated with how their system is set up.
If you have $600 to burn for a game or two, that's someone's personal choice, but to pay that much for nothing spectacular is ... rather a bad investment.
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