Personally, I think it's still too early to judge. Of course, when the PS3 was first announced, I was ecstatic, and am currently dissapointed. I think multi-format releases form a part of this. Because most next-gen games are available across the three systems, there's not enough incentive for me to buy one over the other (especially in the PS3's case).
I say give it time. Once developers are able to take more advantage of a system's hardware, the software quality will undoubtedly increase.
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