According to an interview with Yoshi Ono, Street Fighter IV should be on consoles (like the XBox 360 and PS3) sometime this winter. Now, whether that means December or March remains to be seen, but at least the release date is in the forseeable future. I have to say, the game looks gorgeous and should be a lot of fun.
Unless, of course, you are playing against someone who uses M. Bison and does his Psycho Crusher over and over and over again. I hate that cheap crap. Here are some screenshots from Street Fighter IV.