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Reasonable said:

Personally, I'd love to see Valve on PS3 because on PSN, unlike Live, they could allow mods and access to user created content. They've remarked more than once they'd like 360 customers to get the access PC customers have to extended content - for example on PC I have way more campaigns/maps installed that ship with the game, for zero extra cost - and on PSN that would be possible as it is with UT3.

But Xbox Live does allow for user generated content AFAIK, its just that it needs to be moderated. In addition to this, most people are pretty unaware of how to create content which runs as fast or faster than the original content, so for a FPS which has little room for error then the PS3 would likely struggle with much of this content in terms of frame-rate. They would have to leave a significant performance margin in place to allow for user generated content, its not just flipping a switch.