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Please someone tell me what Microsoft has that makes it good past Gears 2? Fable 2 looks mediocre and is blown away by InFamous. No answer to LBP. No answer to MAG. Resistance 2 is right there with Gears 2. Final Fantasy still comes to the PS3, and FFVersus is still exclusive.

After Gears 2, what is coming to the 360 again? Microsoft announced no games because, like this year, they have nothing new exclusive pass Gears 2 and a few decent at best games.

That didn't change at all. They didn't even announce anything new. 360 owners may not buy a PS3 now in NA, thats the only thing thats changed. The PS3's future still has many more AAA exclusives left than the 360 and has in many ways become the home to shooters.