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Garnett said:
CPU =/ Graphics,The 360 one has better graphics imo but im sure the PS3 one can handle more physics and better AI.

The Cell is a CPU/GPU.  4 SPEs used for rendering effectively DOUBLES the graphics capability.  I'm sure you've seen that here, at least, a few times.  That would still leave 3 processors (2 SPEs and the PPE) for physics, AI, game logic, etc.  Of course, Cryengine 3 isn't using the SPEs in such a manner.  And, no, the X360 version of this demo does NOT have better graphics.