depends on what kind of games you like. There was recently a article in my PSM magazine that compares XBOX to PS3 and it says, and i agree, that if you prefer Japanese style games and developers and cant live without series like Metal Gear, Gran Turismo, God of War, Ratchet and Clank or other titles then PS3 is you best choice. However, if you prefer western style games and developers and prefer halo, fable, and forza, the xbox is a better choice.
For movies, i read somewhere that Blu-ray is beating hd-dvd 5-1, but given the history of sony who knows what the final winner will be. Ive found that the difference of HD movies to SD movies is not enough to invest in $29.99 movies, but if you must have high def movies the PS3 would be a better choice.
The PS3 has a online community, which is smaller than xbox (but xbox has been around longer), but it if 100% free. I dont see why its always being bashed because i believe its perfect, but thats just IMO.
I do own a PS3, and not an Xbox360, and at the moment i would say by a ps3 especially now due to the price drop, but if your not willing to wait for the good exclusives than buy an Xbox360.
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