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There are plenty of quality core games available for the 360 for 2011. Whether its First or Third party. The only legit point from the sony camp is that the PS3 have more choices in terms of games to choose from, albeit not that many. They act like MS's few but big exclusive games + 3rd party games are not capable of catering or satisfy MS's core userbase.

IMO most PS3 owners (judging from the sales of their 2011 exclusives released already) will only buy 1 or 2 exclusives from the long list they tout in internet forums.