Digital downloads seem to be the way of the future, looking at the current landscape of the gaming industry now. Even analysts say that retail will be overtaken by digital distribution in a mere three years' time. Nintendo's big boss, Satoru Iwata, begs to differ, however. To him, digital distribution will sure be a hit -- but not till 20 years later.

Nintendo of America president Reggie Fils-Aime has thrown down the gauntlet. In the newest GTTV episode, he predicted that New Super Mario Bros. Wii will outsell Modern Warfare 2 on a single platform. Oh, and he says there's no Wii HD.

For this offering of our weekly recap, we see a resurgence of all sorts in the gaming industry. Finally we see a PS3 kicking ass in the sales charts, finally we see another big homebrew breakthrough for the PSP, and finally, it looks like things are definitely looking up for the videogame world in general. It is certainly looking like it's gonna be a happy holidays we're having this year.

The NPD results are out for the month of September, and look at what we have here! A mighty and proud showing of PS3 sales finally taking over the spot beyond the Xbox 360 and the Wii -- for the first time ever. That's not to say that it topped all of the charts, though. A couple hundred thousands more till it successfully topples down the Nintendo DS from its # 1 spot.

Analysts have released their predictions for the September US sales period ahead of the official numbers from NPD. According to both Michael Pachter and Jesse Divnich, all points indicate a superb showing for the Sony PS3.

President Barack Obama continues to call for video game moderation as he made his speech to schools around the country today. And getting a special mention yet again is Microsoft's Xbox console.

Wedbush Morgan analyst Michael Pachter has some pretty dire tidings for Nintendo. According to the analyst, the Wii's sales will continue to decline unless Nintendo gives a price cut the go signal. More estimates from Pachter after the jump.

Another action-packed week for QJ with QuickPeek 88. Price cuts happened, hardware sales charts came out with their results, and developers and publishers alike came out once again from their magical gaming factories to hawk their wares at the PAX 2009 event held in Washington. You don't wanna miss this trip so jump right in to this week's QJ QuickPeek edition after the jump.

Here's something that should make Microsoft happy. According to a recent survey, the failure rates for the Xbox 360 console is actually on the decline thanks in part to the introduction of the Jasper chipset. Nintendo's got reason to celebrate too, as the same survey found the Wii to be the most reliable of the three seventh generation consoles.

Exciting past couple of weeks, eh? The price cuts mad rush continued on this week with Microsoft joining in on the bandwagon. Meanwhile, Nintendo's sitting prettily and quietly, choosing the status quo, because, hey, they're on top in the status quo. Wouldn't want to change a thing about that now, would you? It's also one event after the another, from E3 to GamesCom to upcoming PAX and TGS. If this does not revive interest in the industry, I don't know what will. This latter half of the calendar year is just bursting at the seams, and we've got a portion of all that action here in this nice little bundle for you stamped as QuickPeek 87.