Alright....
So you want an xbox 360 and you have a ps3? Go ahead and indulge yourself! The xbox 360 has many unique features and will provide you with a lot of enjoyment. The 360 has netflix and several exclusive titles. Listen to your fellow posters they speak the truth. Titles like Gears of War and Halo, Mass Effect and othes are exclusive to the 360 and provide many hours of entertainment. You should not worry about the Red Rings of Death - many of those issues have been solved, however, you should be prepared to have it happen. Don't be surprised, just be ready.
I have both systems, ps3 and 360. I use them both for different purposes, not just for games. Ps3 = bluray, 360 = netflix. Many games are multiplatform these days and that is something you need to think about and give some weight to in your decision to purchase a 360 when you already have a ps3. Both systems are great, but be sure that your 300-500$ will be put to good use.
Oh... and your fellow posters have already helped you.
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