I think the Xbox is going to be hit hard by the release of MGS4, that game looks too good, already getting 10/10's.
So it's going to be a tough summer for the Xbox despite having the awesome NG2 (which will do very well but nothing like MGS4).
Once the MGS4 hype dies down, then the 360 will be able to pick up again with it's new releases such as Fable 2 but i can't really a see a period of 360 outselling the PS3 anytime soon.
So basically 360 isn't dead, far from it, as long as it manages to keep up its sales, it will do fine. The 360 will be competing with ps3 untill the end of this gen, both are doing great.








