I have an Xbox here and me and Karen have a PS3 at her place, and I love both. I absolutely love my Xbox, and it has some terrific exclusive games (Dead Rising, Dead or Alive, Earth Defense Force), but I have to say PS3 is better value for money. An Xbox is cheaper, but then you have to buy a memory card to save games, a cable to use HD, a cable to get online. With the PS3, all that stuff (with the possible exception of the cable for HD) is already included, so it actually works out cheaper.