XBOX 360 atm is winning the console war, its going to come down to the PS3's pure processing power and bluray that imo will make the console better than the xbox. I live in the UK, and many many people are starting to trade their 360's in for PS3's. Latest releases here are all the same price.
Take it or leave it, I bought myself a PS3, I knew I was buying into a console that will last me a long time (DVD will be the downfall of the 360, HD content and games are getting bigger and bigger, even GTA IV they battled with the DVD restrictions for the 360)