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+Nintendo games
+Excellent graphics
+Easy development
+Supposedly very cheap when it comes out
+choice between DVD/just games
+Nintendo finaly taking it seriously
+PS best games as well
-Could be overshadowed by the lesser PS2
PS2
+Good graphics
+PSX influence/backwards compatible
+DVD
-Hell to develop for
-slower than the rest
-endless sequels
-Very expensive
X-Box
+Excellent grpahics
+Supposedly Dreamcast games (Sega are making gams for GameCube as well! HA!)
+Microsofts money
-Long way off
-Slower than modern day PC's (So are the others, but this just plays the same games)
-No originality from Microsoft games (AOE3 etc)
?Microsoft have never made a console before?
I think GameCube is the best due to good graphics, fantastic games and a lot of Nintendo magic. PS2 lacks that touch that all Nintendo games have. X-Box. Just upgrade your PC.
If you want a proper PS2 opinion, read what Ant said.