The 360 is anything but dead. Expect a lot of consoles to be sold in the latter part of the year with games like GTA and Halo 3 coming out, not to mention all the "ps3 exclusives" that are finding their way onto the 360 (Assassines Creed, UT 3, Mercanaries 2, etc). A lot of people I know are holding off buying a 360 because of the incessant rumors of an impending upgrade to the system and price drops.