As promised, last year's best-selling PC franchise is finally coming to consoles, just in time for the holiday season. EA has announced that The Sims 3 is in development for PS3, Xbox 360, Wii and DS, with all versions planned for fall releases. The console versions promise "all-new" features, like "Karma Powers" that let your Sim to "get lucky" or experience an "epic fail." In addition, the PS3 and Xbox 360 editions will include Facebook connectivity, so you can share Trophy and Achievement updates with friends.

The Wii version will be gifted with an exclusive beach town, featuring its own residents, careers and "lifetime wishes." The DS version will introduce a brand new "Story Mode," a first for a handheld Sims game, allowing players to go through a "complete life simulation."

"We're bringing players the best console and handheld game for The Sims franchise to date and are excited to offer a unique experience for all types of gamers on their platform of choice," Sam Player, Executive Producer at EA, stated in a press release. And there's good reason to be excited, too -- considering the franchise has already generated over $2.5 billion in revenue for EA, we can already hear EA's coffers quivering in anticipation.