I already have a ps3 and few games to play by myself or with others that play with me on the weekends. My cousins and I grew up together playing 4 player games together and it seems like the nintendo wii will be great for us to start playing those same old games that we used to. Especially since the ps3 isn't known for their multiplayer games ( I hate playing online). So should I get the wii is it worth it or will I get bored with it in a matter of minutes.

B.Q. Another reason why I want the wii is because I want to play Phantasy Star Online Episodes 1 and 2, can I still play that game offline if I wanted to. Also do I need 4 gamecube controllers if I want to play gamecube games for 4 players or can I use the wii remote?

Yes BUT... Wait for a price drop. There are rumors swirling that Nintendo is going to slash the price to 149.99.

I have PS3 and Wii and I enjoy both consoles as they have different titles that you can experience. Like you, I grew up playing Nintendo games. And Wii has Virtual Console games where old-school games from different long-gone Nintendo consoles can be played (for a price of course) and the WiiWare games which are Wii-exclusive titles. These are akin to PSN games. Get a classic remote as well for old-school feel. Some games for some reason do not work with regular Wiimote.

Yessss, Wii is the best multiplayer console with a lot of games that allow you to play with up to other 3 people. You will need to use gamecube controller or a Wii classic controller because wii mote wont work on gamecube games.