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The PS3 is too bloated in my opinion. Other companies tried to make multimedia center consoles in the past, all have struggled.

Anyway, whether the PS3 is superior to the 360 in hardware remains to be seen. But honestly from what I have seen, game quality seems pretty much the same. For games that look better on the PS3, they run faster on the 360... seems to me like they are equal in power or close to it. This doesnt surprise me really given that MS has a better grasp computer software and hardware since that is all they actually do. Not that sony is bad mind you, but ive had Sony computer products before and they generally werent that great.