The Nintendo Wii has been a phenomenal success so far, outselling all of its competitors in every territory around the world. The PS3 and Xbox 360 are both magnificent consoles, but in sheer sales numbers, the Wii is kicking both their arses. But is the Nintendo console a novelty? Microsoft certainly thinks so.

Has your Xbox 360 suffered from the Red Ring of Death yet? Did you think you’d got away with it by buying a later model such as the current Elite? Then I have bad news for you, as the RRoD issue seems to be back…

PS3 Firmware update v2.40 came and went last week. It was live for less time than I spend doing my hair very morning, and I’m balding. But if the rumours are to be believed, a patched version of the Xbox Live-mimicking update is coming on Wednesday July 7th… maybe.

Playstation Home is coming to the PS3 this fall (or autumn for the non-Americans reading), but will it be worth the wait, and give PS3 owners the chance to ram Xbox Live down the throats of all their Xbox 360-owning friends once and for all, or a complete and utter disappointment?

The Playstation 3, Xbox 360, and Wii are all capable of providing hours of entertainment at home for people of all ages. But buying one of the consoles, and then keeping the games coming in to the house, is still seen as quite an expensive hobby, especially being with the prices still high this early in the generation.

Wii Fit has been out for almost two months in America now, but it has been out in Europe a little longer, and in Japan, the home of Nintendo, for over six months. Which means Japanese gamers are pretty much over their initial interest in following the daily regimen. But worry not Wii-owning fitness freaks, as Wii Yoga is on its way.

Japan is a very important territory for the video games industry. Although it is smaller than either the USA or Europe, what happens in Asia can affect the rest of the world’s markets substantially. Which is why the fact that the Playstation 3 has caught up substantially with the Wii during June is big news. The Xbox 360 of course is still trailing far behind, and the life support machine should probably just be turned off now.

Playstation 3 fans are like pigs in mud today after their beloved console received firmware update v2.40, which saw a whole host of features added to their machines. However, rumours emerged today over the long-awaited next Xbox 360 dashboard update. If the speculation proves to be true, this could wipe the smile off the faces of Sony and the PS3 fanboys quick-sharp.

We knew it was coming, we just didn’t know when, or all of the details. But PS3 Firmware v2.40 is released on July 2nd, and here is a run-down of what to expect from the potentially Xbox Live-killing update.

Games consoles can often live and die by the exclusive games available for them, and while Rock Band 2 is set to be released on the Xbox 360, Playstation 3, Playstation 2 and Wii before year’s end, the Microsoft machine has managed to secure timed exclusivity which will means months between the release on the Xbox 360 and the other consoles.