I think the last video game system that I bought at (or near) the launch date was my Sega Genesis.
I've managed to skip picking up everything, just picked up the occasional system:
Nintendo --> Super Nintento --> Sega Genesis --> Playstation --> GameCube
I was really tempted by both the PS2 and X-Box, but I settled on the NGC for Rogue Squadron and the Mario franchise (I am addicted to Mario Party games and pretty much all things Mario - Mario Golf, Super Smash bros, etc).
I was kind of disappointed in the pricing options for the Xbox. I was seriously thinking about buying one but now I don't know.
I feel the same too. I was kinda considering it, but for $400 I don't have to worry about it anymore. When it comes down to it, I'm a cheap bastard and $400 for the basic system plus extra for the 2nd controller is asking an awful lot.
Then, you figure in $60 per game, plus this new craze of designing "custom" controllers for specific games (like the Jedi Hunter stick) and it's getting a little out of control.
I may just go pick up a regular Xbox on the cheap, get the SW games I want (And Halo of course) and play that.
That's not a bad idea... the basic X-Box will drop again and as a Nintendo guy, there would be a TON of "new-to-me" games to grab at a low price $20-30 each).