Its a great move by SONY but from a gamer point of view the Xbox comes out tops.
Its just got a shedload of great games for very little initial outlay.
The PS3 has a considerably smaller catalogue of games (growing all the time I admit) but at 249 GBP its still got a high price point.
If you're a film fan however who must have the greatest and the latest in tech then the PS3 purchase is a no brainer.