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IMO, the only thing that is really good about the 360 at this point is the XBLA (minus the prices, but even so, some of them are understandable to be $15 or 1200 MS Points).
And the fact that they have only one market, not 3 (Euro, US and Japan) like Sony and Nintendo, which means that, when one thing gets released, it gets released everywhere at the same time.

About the rest......a console can´t live on 4 big exclusive games alone (Halo, Gears of War, Fable and Forza).