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Being that the XBox 360 is effectively shut out of one of the major markets in the world (Japan) outselling the PS3 by 630,000 units is a pretty major victory; when you look at how the XBox 360 (almost) outsold the PS3 by 1.5 Million units outside of Japan, and now has an 8.5 Million unit lead outside of Japan, it becomes clear which platform (out of the two) that western developers will be focusing their efforts on in the near future.

Beyond that, both systems had price reductions and reasonably strong software line-ups and yet failed to sell at that impressive of a rate; until they fall below $200 they will be (effectively) locked out of the mainstream market.