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What is with the people who are hating in here?
Some of us chose to buy the PS3 as our primary/only HD console this generation. If the question had been if you would buy a 400$ PS3 with SingStar and Killzone 2, and I already owned a 360 I would quite likely also have said no.

Since I already own a console that will play the majority of HD games this generation, there is not a lot of reason for me to pick up a second HD console, unless it had a lot of games I was interested in.

And the reason I said 'quite likely not' to buying a PS3, is that I don't own a 360, and can of course not know how happy I would be with one.