...the 360 is not crap...
Both the PS3 and the Xbox 360 have Composite, Component and HDMI-capable cables; the graphics are basically similar. I myself own an Xbox 360 and it is the best system I've ever owned.
Sony marketed the PS3 as "the cheapest Blu-Ray Player on the market". Right now, the DVD wars are in midst. Can you imagine spilling one grand on a PS3 for the Blu-Ray Player... and then finding out HD-DVD is more popular? The PS3 has a very low amount of quality-games compared to the Xbox 360 and even the Nintendo Wii, in addition to the fact that Sony only made about 400,000 units for North America.
The Wii is in NO way equal to the PlayStation3 compatibility-wise, it far surpasses it. The intuitive features that the Wii holds are part of an effort to keep people active.
Right now, the only console worth buying is the Xbox 360; the launch units of the Wii and PS3 may be bugged. My friend purchased a PS3 last week and the system overheated after 20 minutes of game-play. Nintendo recently announced a recall on their Wii-remote wrist straps for snapping while playing motion-sensitive games.
The Xbox 360 is not a burden on price; the unit itself costs $400, MUCH less than the 60 GB PS3 unit, which has a MSRP of about $600.
While all three next-gen systems are amazing in terms of power, I believe 360 rules the market right now, projecting for 10 million units sold in the near future. This is probably due to the year the 360 had to market the system and games, and allow amazing games such as Gears of War to surface. If you give the other two consoles a year, I believe the Wii will surpass the PS3 with its intuitive user interface and launch games. The PS3 will not be far behind; it's an amazing system, true. I agree with you that the PS3 has a strong processor, but you can't directly compare the PS3's processor to that of the 360s as the 360 is custom-built by ATI.
Plus you can use Microsoft-integration with MCX and Media Center to bring Media Center to your Xbox 360 for no additional costs to you.
All in all, the 3 next-gen systems are truly amazing, but I believe Sony shot themselves in the foot when they decided to release the PS3 now. If I was CEO of Sony, I would pause productions on the console until the console wars settle to release the unit. With the 360 and Wii on the market, the PS3 is going to plummet straight to the ground.
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