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i prefer xbox live over psn because cross-chat is very impotant to me and i only have that on the xbox. that's the reason i even only use my xbox online and not the ps3.

i don't care about the rented games you can play as long as you pay for psn because if they would be important to me i would already own them and if i only want to play a game for few hours i go to the videostore around the corner (yes we still have one here) and play the game for 1.50€ on release day or few weeks later.

so for me, paying $40 per year for xbox-live makes much more sense then paying even only $5 per year for psn which i would still not use then because of the missing cross-chat.

and i can play halo reach and upcoming halo 4 only on live so that alone would be answer enough why i prefer live over psn.

but i can also understand people who prefer psn over live, i just can't understand why other people (like you in your op) don't understand that both services make sense for different people and with that, both services are prefered from different people.