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If the 360 didn't exist and the PS3 was available at its current price and game library the PS3 would be a good choice. Problem is that you can get a 360 for $100 less and a comparable (some will say superior) game library so it makes the 360 that much more attractive. Blu Ray, wifi, and free online don't make up the difference for me plus I like the 360 exclusives like Halo 3, Gears 2, Fable 2, GTA4 DLC, Mass Effect etc.