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I'd say it depends on the type of games you like an whether or not you have a gaming PC. If you have a gaming PC the PS3 is an easy choice since, you can just get a lot of the big games on PC. If not, the 360 is a lot cheaper than buying a new, gaming level PC.

For game types, being a western console, the 360 has a heavy lean towards western games. It's often labeled as an FPS console and such, but this is really unfair. It has a good variety of genres, but the majority of games come from western developers and western games in many genres are distinctly different from Japanese games. And that's different, not better/worse. So if you tend to like western games better, the 360 is probably the best choice. Throughout its life it's likely to continue getting a lot of exclusive and PC/360 (MS exclusive) games from western developers.

The PS3 on the other hand has a wider variety (though fewer games right now) since it has more support from Japan. It has plenty of support from western developers as well, but not as much as the 360. If you favor Japanese games and don't play many western games, the PS3 is definitely the way to go.

Overall the 360 really has a much better library now, but that's at least in part due to it being on the market a year longer and the PS3 will close the gap at least somewhat eventually. If you like western games(especially FPS and action games) and don't have a gaming PC, get a 360. If you like a mix or prefer Japanese games the PS3 is probably the better bet. However, being a year behind, the PS3 library is still a bit slim.