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I own both consoles and to be honest its really hard to tell you without knowing your preferences

To me the 360 trumps the ps3 but thats just because i like the controller and game selection way more. Also i'm huge fan of Live over PSN and play online constantly so thats a major deciding factor for me. If you don't online it won't really matter.

PS3's got a solid lineup of games as well and while I enjoy its exsclusives none of them (except for MGS4) really gave me that WOW impact that games like Gears 2, Fable 2, Halo3, and Lost Odyssey gave me.

So in the end just look at both consoles lineup and see which games you prefer. That should ultimatley be the deciding fact.