Before you even started this thread two things should have been obvious.
1)The x360 worshippers will say yes.
2)The PS3 church will say no.
You should then have asked yourself what is the point of the thread.
That's what I think d21lewis was trying to get across.
Maybe you thought that the balanced, non-bias posters would enlighten you.
I think MOST of those would avoid this thread like a Paris Hilton's "I cooked it all myself" dinner.
EDIT: I forgot to give my opinion since I bothered to post.
I would ideally like to wait, play the the game and make a judgement. All seems to point to it being the best looking x360 game.
If it is then it took the x360 5yrs to get to this. There can be far more impressive games on the way as far as x360 is concerned. PS3 is younger so that should also improve even further. It is to early to say what will rule this gen in terms of graphics.