I may yet pick up a second hand one on Ebay but if the Revolution is backwards compatible, then I'll go for that.
I just want to get my greasy mits on Zelda.

I'll always respect Nintendo, they've always had a gameplay first approach, as opposed to Sony's concentration of high production values and graphics. I honestly find the vast majority of games on the Xbox and PS2 tedious and boring and (with a few exceptions like Tekken and Gran Turismo) any game worth playing on those platforms I can get on my PC, with far better graphics to boot.
Nintendo simply has great gameplay and orginality.
When is the Revolution scheduled to be released in Europe? Will GameCube game discs be compatible with it?