MikeB on 17 November 2008
@ NJ5
Value is subjective.
Yes it is. It's impossible to put an exact dollar value on things like having less of a chance of your console breaking on you, having near to no chance of discs scratching, less console noise, etc.
Free online play is easier to quantify its worth comparitively (although the 360 has no lag free 30 vs 30 squad battles or easy user content of the likes supported by LittleBigPlanet), but some features like Wi-Fi, motion control, Blu-Ray movie compatibility, easily upgradeable harddrive, etc are worth more to some than others. What will be Home's value, is PlayTV useful to you, etc?
For me console power is an important factor, cell processing power, Blu-Ray disc space, default harddrive, etc are important factors. IMO this significantly enhances console perspectives, they are important factors why I think God of War 3 and Killzone 2 will be jaw dropping (technically in addition to general design).
Games library is subjective as well, sure the PS3 has and will have the technically most impressive games, but if MGS4, LittleBigPlanet, Uncharted and/or Resistance 2, etc are of better value than Gears 2, Banjoo and/or Halo 3 depends on personal preferences.
For me personally the PS3 is of a much better value by a long shot, but I imagine entry pricing, piracy options and/or budget gaming may be more of a crucial factors to others.