Well in our house we have a PS3, (3) 360's and a Wii, I can safely say that both of the consoles that you are pondering are good in their own ways. Here are the finer points of both Imo...
PS3...$399 price point gets you...
80 GB model
BluRay player
Built-in WIFI
Wireless Sixaxis controler with built in battery that only needs to be recharged. No batteries or battery packs to buy EVER!!
*spend $20 on a HDMI cord if you have a HDTV as the PS3 only comes with basic connections
*you'll need to buy a Bluetooth headset like the ones you use with a cell phone. Again, you can get a decent one for about $40-50
Free Online play on PSN
Exclusives for 2009...Killzone 2(demo was very short, but this game is going to be epic. Nothing compares on 360 to this game)
Uncharted 2..The first one was amazing if you like the Tomb Raider type stuff. Again a visual stunner!
Gran Turismo 5...Will be the crown jewel of racers for a long time
Heavy Rain...A story driven mystery/thriller type game in the vein of Shenmue, Silent Hill, Resident Evil, Max Payne type stuff
XBOX 360 Pro...$299 gets you
60 GB model
XBOX Live headset
Wireless XBOX 360 controler that requires batteries or the purchase of a $40 rechargeable battery pack
basic and component connections
XBOX Live will run you $50 a year and outside of some small differences, doesnt offer a better playing experience over the FREE PSN
You'll need to buy a $100 WIFI adapter unless you intend to hook your 360 directly into your modem for online play
Exclusives for 2009...Halo Wars...Halo in RTS fashion. The demo was alot of fun and the full game should be awesome.
Halo ODST...Halo 3 told from a different perspective that that of the adventures of Master Chief
Alan Wake...A mystery/thriller type game
I cant think of anymore exclusives to the 360, but there are some promising games coming out.
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