"I am 28 years old, have multiple college degrees"
Its true the 360 has the college fratboy demographic in its talons
To summarize: Yes 2007 the 360 was the better gaming device than the PS3. No argument against that. Halo, MAss Effects, Bioshock. IMO 2008 this will change radically. It will have better games, the price will drop into the mass-market level, important OS features the 360 has will be added, it still has the by far better hardware. And it is the Playstation.
If you already have a 360 do not worry, I am pretty sure that its life will be longer than for the original XBOX because its a pretty nice machine, but I really do not get your Anti-PS3 rants because most problems you seem to have with it are worse on the 360.