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Depends on what you're looking for. Despite the angst over PS3 being technically superior, unless you're into counting lines of resolution they offer similar graphics. The key is obviously the software selection... the 360 is FPS (particularly multi-player) and RPG heavy with some interesting titles such as Beautiful Katamari and Viva Pinata thrown in for good measure. There are plenty of good titles on both platforms, but if most of the titles you're interested in are multi-plat, I would save the money and spend it on additional PS3 titles. If you really, really, want some of the 360 exclusives and you're into online play, then getting the 360 might be a good investment.