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I estimate the PS3 being 20% faster than the X360. It's not much to argue about.

Games on PS3 n X360 look rufly equal, and 20% is neglibile in the long run, since a console generation is 16 times the computing power of the former generation.
(double processing power each 18 months, in 6 years it becomes 1 x2x2x2x2= 16 times)