There is your problem. What you think AAA means is wrong. Look at his PS2 list. According to you that entire list is not AAA.

AAA is only determined by those who purchase the game. Not some site like Metacritic or Gamerankings that majority of the gaming population couldn't care less about.

You really think having more 90+ rated games means a system is better? Even when those ratings are done by people who's taste differ from the OP?

You know how many games were rated 90+ and recieved the all mighty AAA status and wind up sucking hard? We all know reviews can't be trusted these days so the AAA argument is moot.

He also enjoys RPG's from what I have seen and the PS2 library blows away any RPG released on the 360 thus far, and I know as a life long RPG fan and owner of just about each mediocre to high quality 360 offering at the moment.

Leaving aside the argument over Metacritic, where have I said he shouldn't buy a PS2?

I've said (a million times now) that he should buy a 360 now and purchase a Ps2 after the price drop?

Oh, and you should answer Squilliam's response to your post. 

Read my post.  I was talking about games.  Given the PS3 has only just gotten (MGS4) one AAA exclusive and is still at a minimum of $400 (but they are trying to talk him into buying the $500 one), it is massively overpriced.

Overpriced doesn't refer to how much a company does or doesn't make, it refers the the value a consumer can get from a purchase IMO. 

Blu Ray = Non issue. Seriously if I don't care and I sit 4-6 feet away from a 53" Sony 1080p LCD, and im a bit of a graphics whore.... Why should he?

You can go on and on about free online but its a lonely experience online if his friends are on Live now isnt it?

Games will be cheaper for him if he can borrow some of his friends back catalogue, so he can play a lot of games for essentially free and the biggest cost of a system is actually the games you buy for it.

It doesn't matter if the list price for the PS3 is lower after you add in all the "extra value features" But isn't the point of a gaming machine - playing games and having fun. Since he likes the 360 controller more and has friends with Xbox360s - You have friends you play with online I hope? The value of the machine would be far greater than the PS3. I personally would hate to be the one with the odd machine out.

Value =/= price divided by features.

I know you said he should buy a PS2, but if he wants a PS3 at some point as well, why pay $400 for a PS3 and $130 for a PS2 when he can get both for $500 and have the PS2 problem taken care of as well as his wanting for a BluRay player?

Other than him wanting Banjo, the 360 makes no sense. No 360 RPG at the moment is worth a system purchase.

Honestly if he wants a 360, he should wait for a price drop. I see one possibly this holiday since it hasn't dropped in forever.

Argument is already over. You can't use the fact that you don't care for BD as a reason for him not wanting a PS3...

Also BTW.... not everyone plays online. He already stated he wouldn't get the online until possibly later this year, so another point of your shot. He stated not being able to play with his friends is the least of his worries.

Read the OP.

I can't believe you attacked me for a lack of objectivity.  No 360 RPG justifies a purchase?  Mass Effect, Oblivion, Fable 2 and Two Worlds (post-patch) say hi.  Lost Odyssey, Blue Dragon,  Infinite Undiscovery, Tales and Eternal Sonata say hi.  These will all be out within a few months, and I've missed a TONNE!!!!

The PS2 is just as likely as the 360 to get a price dropm whereas the PS3 is unlikely to get one for ages.  In any case, a 360 pro + PS2 is cheaper than a backward-compatible PS3 with a far superior combined game library due to the PS3's strengths.  If all the PS3's great RPG's arn't going to be out for 18-24 months, he should wait until then when Sony will have dropped the price once or twice.