I think my core issue with the X360 and PS3 is I'm not a "modern" gamer. Graphics and sound are very nice to have but mean nothing to me without solid gameplay and intuitive, non-evil controls. Then there's the immersion issue. You guys might be awesome teammates to have but me... I get a text message in the middle of a game and sit there gossipping like a school girl for an hour then realize the cats need to be fed, decide to clean the kitchen, throw on a load of laundry, call my brother and ask after his foster kid, then shake my head while passing through the living room about three hours down the line and go "how long has this damned console been on" before powering it down. And that's on weekends when I play for more than the 15-20 minutes my dinner needs to heat up.
Besides that, being all "old school" when surrounded by nerds is pretty handy. Some of them live with lady friends. Having old consoles with 50+ games, 4 controller rigs, and a couple odd gadgets that never see any use can become a real issue. So I've scored "extended loans (see also: system will only leave if I refuse to have friends over to play and stop stocking beer)" on a good 7 or 9 systems (depending how you count the Genesis expansions).
That said... if anyone is ever in Massachusetts and wants to take part in a drunken Duck Hunt tourney, drop me a line!