It will look a hell of a lot better than a Wii, the better resolution the TV is, the better it looks, I had my PS3 on a standard for a long while and never complained, when I got my full HD (with HDMI), I'll admit it looked a lot better. Don't worry though, your missing out on practically nothing.
The motion controls are nice, pity about the wii's graphics. I don't really mind if future consoles use motion sensor, because they will improve if they do.
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