The original team that made Banjo is still with rare and its making this banjo.

This team wasnt responsible for Rare's other recent games (except KAmeo I think, which was awesome). 

@Hawk Eye

best thing to do is wait....buy a PS2....if things look up for PS3....return the PS2 & buy an 80 GB PS3...that way you keep the PS2 games & lose no money

 Well, I said the PS2+360 option was not a bad idea, so you can't be talking about me.

I think for the needs of this person, the PS3 is the obvious choice. Regardless of the PS3 or 360, he wants to play PS2 games. That's in effect a $129 savings off a BC PS3, and the PS3 plays the PS2 games better on an HDTV then the PS2 does.

He has a PSP. There are loads of cool things you get with the PS3 if you have a PSP.

He said he wants to better utilizes his HDTV when watching Movies. Both will do that (the 360 upscales, and has HD DLC), but the PS3 is the obvious choice if you want a console that is the best HD movie player. 

More times then not in these kinds of threads, I end up recommending the 360 when people ask. for this individuals needs and current equipment, the PS3 is the better choice.

No one who is saying get a PS3 is saying so for reasons that are unreasonable. hell, Starcraft has not been unreasonable. But he would NEVER, and I mean NEVER recommend that someone get a PS3 over a 360. This thread is about "what console should I get".  I think Hawkeye should know that when taking Starcrafts comments into account.

 The PS3 does have an upscaler for PS1/PS2 games, but how well it works (in my experience) varies widely from game to game. Looking at what you've said so far, I think your best course of action would be to get a PS2 now and let that tide you over until the holiday season. My reasoning for this is simple:

1) you have a HUGE list of games you want to play on it.

2) it only costs $130, which I assume you have availible.

3) If it does get a price cut, you'll only "lose" $30. Instead of the possible $50-$100 if you get a PS360 at the "wrong" time.

4) It'll give you time to decide whether you have to have BK3 (ie. it'll be out by then and you'll be able to read reviews/look at screens and trailers/maybe play it at friend's house a few times)

5) you won't have to worry about BC for your games. While the 80 GB PS3 does play most PS2 games, not all of them work. (the site to check the BC status is: http://www.us.playstation.com/Support/CompatibleStatus )

6) It'll stop darth, starcraft, and Maffoo from flaming each other. ;)

 Yeah... but I do want blu-ray. But not that much. like 6/10 wanting level. vs 10/10 BK wanting level lol. but PSP remote play also would be pretty cool, and PS3 saves me $130 for PS2, plus upscales it. Also I think by late 2010 PS3 and 360 will be tied in games I want... but thats in quite a while indeed.

I think it is completely unfair starcraft that you say

"if you want to play games go for 360" -- as it sounds fanboyistic & very foolish...

 True, but I like SRPGS more than JRPGS, and PS3 is getting Disagaea 3. Then again, suppodely more JRPGs are being announced for 360, and there are like 10 SRPGS that I want between DS and PSP and PS2.

 Well you excluded LBP in your first post :P 

It takes something special to rival SMG. I think LBP is the only game with that 'wow factor' that could rival SMG. I still stand by my statement than BK3 isn't a platformer in the same way R&C:ToD isn't a platformer. Neither have enough platforming. 

 unfortunately, it's more than half right....