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I'd say Nintendo's better largely because they actually manage to support 2 platforms well simultaneously.  Sony looks great from a PS3 only perspective, but when you bring PSP into it...

The other thing about Sony, is that while they have introduced a lot of new 1st party IPs this gen (and they do every gen) they also iterate on them faster than any other 1st party and pump out sequels like clockwork.  We're already on threequels for most of their big new PS3 IPs, which feels a bit excessive imo.