Both systems have a catalog of good games. My personal preference is the 360's library, but it's hard to discount MGS4, LBP, Uncharted, and a few others. My biggest problem with the PS3 is the lack of online shooters I really enjoy. I think MGO is a pile of crap (my opinion) while the Gears franchise has really sold me on the 360.
To each their own. As you said, MS has done a fine job of bringing developers to their system this generation.

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