"psrock , the fact is that 360 has the best lineup for the rest of the year (consols and handhelds)..."
No it doesn't. The DS does. Final Fantasy IV Remake, Final Fantasy Tactics A-2, the official releases of Dragon Quest V and VI which were never officially released in the US before, Disgaea, A Witch's Tale, a version of Blue Dragon which will receive much higher review scores than the 360 version.
And I would say that the PS3 and 360 have fairly comparable line-ups:
PS3: Bioshock, Disgaea III, SOCOM: U.S. Navy Seals, Resistance 2, Motorstorm 2, Little Big Planet, Yakuza 3.
360: Gears of War II, Too Human, Fable 2, Banjo Kazooie, Viva Pinata 2, Tales of Vesperia, Last Remnant, and Infinite Undiscovery.
If the 360 does sell better in the US starting in August, then I predict that the PS3 will continue to sell comparably better in Europe / Other Territories.
And Gears of War II is the last system seller for the 360 (Gears III will be on the next XBOX, much like Halo 3 was on 360.)
With God of War III, Gran Turismo 5, and Final Fantasy XIII coming in next Spring, I'm looking for the PS3 to survive the holidays, and take the HD crown worldwide at about that time.