Hey MikeB,
You say you welcome debate between anyone who is putting forth logic and reason in their arguments; but you conveniently ignored the comment by "Fazz" that challenged, and in some points (in my opinion), refuted what you were saying. Is it possible you saw it, realized he had good points, and chose to ignore it? Rather targeting people that were obviously misinformed to make "360 fanboys" (or whatever the hell) look like idiots. Point is, you don't have to be a 360 fanboy to see that you're making some invalid conclusions (especially in situations where a conclusion is based on very subjective data). I'll give you the benefit of doubt and say that you just missed his argument. Either way, you should read it.
Some of your points are true, but you're making a lot of generalizations, assumptions, and large (erroneous) jumps in logic. The PS3 is, in most respects, more powerful on paper than it is in reality. And this is mostly due to bottlenecks. All the power in the world doesn't prevent bottlenecks from occurring when there are places in the design that cause these bottlenecks.
Really, when you logically think about it, you can see why there are bottlenecks and why the PS3 is NOT a supercomputer. How can a system that costs 800 dollars to make (when it was released, not sure what it is now) honestly be on par with "supercomputers"? Really, just think about it.
You have to realize that both of these systems are consoles; and consoles by their very nature are made to be cheap and reliable. In order to make these systems as cheap as possible, design decisions have to be made. And often these design decisions will cause bottlenecks. In my opinion I believe in terms of overall power, the two systems are about equal. The PS3 has the obviously stronger CPU (although this point is completely taken out when games are ported to the console and not built specifically for it; which you are seeing), and the 360 has the stronger GPU. The PS3 may have a slight edge...but shouldn't it? I mean, it was released a year after the 360. If anything, it's expected it should outperform the 360!
It's pretty obvious what system you have a preference for, and your reasons for choosing this system are also very obvious. Unfortunately, none of that really matters in the long run; just as the PS2 dominated last generation, the PS3 will not dominate due to its poor performance in sales (it's obvious, the Wii is and will continue to dominate; and the 360 is the platform of choice for more traditional PS/Xbox styled games, whether you like it or not as of now).
Anyways, I think you should read Fazz's post on page 1 and come back and give a proper logical (key word here) response (if you actually have one).