I was thinking about this lately, but I always loved the look of the PS2. I I think the black and blue color scheme works really well. And I like the two levels like the top and the bottom part of it.
Second to this, I think the Dreamcast looks really great. The angles on it make the console look so compact. The orange light on the console is placed really well too.
What do you like?
Physical console design? Atari 2600. The black slots and wood grain front with the sleek angular design is still peak console styling IMO.
User interface design? Xbox 360 Blades. Hands down. Easy to navigate, easy to understand, and good potential for minimal advertising abuse.