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I've already been labeled a fanboy in this post, but if you buy a 360 now, you don't have to wait for any games to come out to play it. Also, before anyone says Heavenly Sword is going to be a great game, play the demo. Its a button masher. Motorstorm is a joke as well. RFOM is good, but not as good as Gears or even COD.

I don't have any friends with a PS3 so just based on the chit chat I expected it to be better then the 360. Its not. If you have friends with both systems just test it out. From the menus to the games, the PS3 is just clunky and lacking.

I've got it all set up on a $15,000+ Home theater so small differences in quality are very noticable. I bought it because the money was eating a hole in my pocket, but I was very disappointed. I now know why there a piles of used PS3's for sale at my local Gamestop.