It's almost time. Oh yes, it's almost time. The Xbox 360 has been available for over six months, and soon the next generation console wars will reach critical mass. This November, Sony will release the PlayStation 3 to the world, while reports indicate that Nintendo could release the Wii a month or two ahead of the PlayStation 3. No matter when Sony and Nintendo get their next generation consoles to market, this holiday season will mark the official beginning of the next generation console wars. Over the course of the last two console generations, Sony has made it clear that they own the gaming industry. The company came out of the gate with the original PlayStation and dominated Nintendo and Sega, then it overwhelmed Microsoft and Nintendo with the PlayStation 2. But several important facts have been revealed about the PlayStation 3 and Nintendo Wii that could make the battle much closer this time around. In addition, Microsoft will have a one year head start with a strong market hold in the US and Europe. The next two or three years should be very interesting, but for now let's look at how the battle this holiday season is shaping up.