right now its Xbox, PS2, and GameCube that are all of equal power / technology level, and the next gen is going to be PS3, Xbox 360 and Nintendo Revolution.

you're kidding right?
right now, the xbox has far superior hardware to the ps2 and the nintendo. better graphics, plus the hard drive, builtin networking etc.
not sure where the ps2 and gamecube are in relation to eachother though.