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DrDread said:

The 360 was always a fail compared to PS3 even at day one.

All the advertising and marketing pushed it out ahead but in the end, after just a few years, the PS3 is not only almost caught up, but the speed at which its overtaking 360 is accelerating. It already overtook it everywhere outside the US and in a couple years it wll have overtaken it here also.

The 360 isn't total trash, they've done a few things better then Sony but overall it's an inferior machine that was rushed to market on a tsunami of Marketing dollars and Red bull guzzling teenagers who were brain-washed into thinking it was the coolest thing ever. They are the same people who buy Cabbage Patch dolls and "Tickle-Me Elmo's" for $1000 because TV told them it was cool. The PS3 didnt' need an advertising blitz, the thing just works and works well.

I predict XBox is going to make another console within 5 years of 360s launch to compete again. And it will probably have a BluRay player in it.

I agree. I'd say consumers now see a lot more value in the PS3 proposal and it's unlikely to change anytime soon, especially since MS already slashed the 360 price to the ground, while the PS3 price still didn't reach the magical 199$.

MS now needs to either open more studios or buy more exclusives to avoid last place again, but buying exclusives is now too expensive, the PS3 installed base is too large. So they need more 1st party exclusives to increase 360 value again.