Though I've had a ton of issues with my 360 (I went through 7, but never paid a dime), I'd never dump the 360 in favour of the PS3. The 360 is an amazing gaming machine, yes, they had some serious design flaws, but what it's meant to do, it does it exceptionally well. The PS3, though the hardware design is impressive, and I actually really like the hardware, the software side, which is more important, is lousy! Their XMB stinks in comparison to the 360 dashboard, I find myself uber frustrated at times getting through that thing, way too many settings, and their online, what a joke. I have yet to game online, but just working your way through the online signup was a chore! I think they really dropped the ball from that perspective, free or not, it stinks right now. Given time I'm sure it'll improve, but enough to be even a remote competitor to live, I seriously doubt it.