At this point each console has a number of quality titles. In addition quite a few games have come out for both systems. It really comes down to which exclusive games appeal to you more, and how important extras such as a blu-ray player are to you. I loved the PS2 last generation, and have enjoyed my xbox360 even more than I had hoped when I got it. The selling points for me have been the rpg titles released on the 360 thus far, and the large online community that the big name shooters have.