For what it's worth. I think the iPhone linked up to a tv is a tantalising glimpse of where the iPhone is going.
It will get better graphics. A better cpu. And the designs of the 360 and PS3, PSP and DS are going to be largely static for a year or two yet.
In that time, I can see the iPhone's graphics improving with Snow Leopard, better hardware...the talents of the developers at squeezing more out of the hardware... (I recall fondly how developers stretched the Commodore 64 to well beyond it's limits.)
If we thought the iPod was a bloody bath, the iPhone is going to be a Chainsaw Massacre. M$, Sony and Nintendo would be wise to be looking over their shoulder. For Apple, the pieces are moving into place. People always argued Apple wouldn't do games.
Oops. Now they are! Using the Apple TV to wirelessly route them to be TV? *Shrugs. A matter of time once everything from your Mac, Apple TV and iPhone is synced. It seemed unlikely a few years ago. Now. A matter of inevitability.
We may look at Far Cry 2 in the 'serious PC gaming market' as what games are...but I'm betting the Wii shows that the casual gaming market outstrips it. And the 'app store' for the iPhone confirms my beliefs. Heh. Soon the iPhone will make the DS look prehistoric. And developers are sure to get to grips with 'accelerator' control methods in the next year or two. They've already got used to the the Wii control system...?
Imagine. You carry around the ultimate 'pod'. You phone, you music, you photo, you video, you game.
For me? The last two pieces of the 'touch' platform are to fall into place. The 1st? Games. Well under way there with the potential to explode past consoles, pcs and DS/PSPs.
And secondly? Light computing. Eg Word Processing, data entry. The iPhone shows we're not that far away.
The 'Tablet' maybe the final leg of the iPod/iPhone cow seat. It would 'netbook' allow more comfortable light computing eg. word processing, browsing stuff.
I guess we'll wait and see. Remember Jobs before the iPhone?
It feels the same this time around. But it won't be a 'netbook', eh?

Lemon Bon Bon