I can't sleep so lets look at previous console names.
Famicom (or Family Computer) - wack
Nintendo Entertainment System - wack
Super Famicom & Super Nintendo - hey, lets add a super to the name. it'll be super!
Nintendo 64 - great name. and the N64 logo was really super.
GameCube - Kinda wack I say
Genesis - an ok name
Saturn - what? the cheap car?
Dreamcast - good name
PlayStation - Sounds kinda fruity don't ya think?
PlayStation 2 - (Original promotional tag line that was dropped) It's twice the fun!
XBox - Sounds like GameCube's dysfunctional cousin. The name aint all that
XBox 360 - ok guys, Sony will have 3 in it's name. We can't go with Xbox 2 because it'll sound like we're inferior. Let's go with 360! That's like 357 more than the PS3! whoa
Wii is one of the better names I say