I own both and like them both. Right now the 360 is getting most of my attention (Eternal Sonata, Halo, Forza 2, etc...), but the PS3 has some good titles I have played (RFOM, Warhawk, NGS). You should really do your own research though. You will only get hyperbole and other such rhetoric on this site.
I have both, but I'm having problems with my 360. Sometimes the tray doesn't eject when I tell it to. The PS3 is a much more reliable system. Game wise, you'll have to make your own decisions. I personally like the PS3 games because it's not all shooters.
I had them both, but I got rid of my 360 after I went through 2 of them in less than 3 months. I do plan on buying an elite soon though once I'm 100% sure the rrod epidemic is over.
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