Looks fine to play and at no point have I found gameplay in any way impacted by framerate.
Also of course it could be done on 360 but it would need adapted and multiple disks. Likewise I haven't seen anything on 360 you could put on PS3.
Its funny all this talk of framerates and resolution - the HD consoles have done a great job of bringing the traditional wrangling discussions of PC gamers to the masses! I guess the sheer number of PC like games now hitting consoles (FPS in particular) and the focus on graphics the whole notion of HD raised is too blame though.
The even funnier thing is that consoles are still behind PCs and I've been switching from PC to consoles to avoid these arguments as I liked the whole 'it works and its on your TV in front of a big comfy couch' promise of console gaming.
And here we have everyone worrying about FPS and resolution... oh well, I guess I can always spend more time on my PC and 'bitch' about consoles dumbing down games!
Try to be reasonable... its easier than you think...