As for the PS3, i think the overestimated sales have to do mainly with price--and in this aspect, the Blu-Ray integration is mainly at fault. Current players retail for $700-1200, so to get a Blu-Ray player bundled with a great gaming system for whatever it is, $600 or so, is a great bargain--but this, unfortunately, is not a concern to gamers. I think any rejection of the PS3 is based mostly on price--the new X-Box system is about on par with the Sony machine (and personally i don't think Nintendo has much of a following anymore so the Wii is not a huge competitor). If you have two systems that are virtually equal but one costs hundreds of dollars less, which are you going to go for? I suppose, on the other hand, that most early adopters who are willing to spend half a grande aren't really going to be too put off by a one-time extra charge of a hundred bucks or so. The real issue is going to come when price drops begin to put it in the price range of more casual gamers--systems don't really take off until they reach the $250-300 range, and if the PS3 stays well above that, as it probably will for many more years, then that will be its true death.
Back on topic, i have done little post-christmas shopping so far. A trip to Chinatown left me with a bunch of bootlegged Hong Kong films but thats about it (not usually my thing, but the rarity of certain asian titles sometimes leaves these things as the only option unfortunately).