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I would actually say the PS3 and 360 are selling relatively on par, at this time, with regards to revenue. I think it's kinda unrealistic to expect Corvettes to outsell Mustangs, don't you? Given the price difference, the PS3 is doing phenominally well.

The X360 Elite, packed with goodies and priced the same as the PS3, was canned recently for performing so miserably. The PS3 is still selling pretty well, considering that, rather than a HDD-less "Arcade" model, Sony has the PS2 to support the low-end. Go on... take those special glasses off, and have yourself a look at the whole picture.