Pros Ports look better on the 360 than on the PS3. Welcome features. Design upgrade.
Cons A bit slower, Live too expensive. etc
Summary I've owned both the PS3 and the 360, the original and the slim on both systems. So if your here looking for which to go with, here is my honest opinion. If your a hardcore gamer looking for strictly a video game system, I recommend the xbox 360. Games look slightly better on it than the PS3 and the game library is excellent. With the additions of Wifi and HDMI ports, its comfortable controllers and xbox Live feature, it really is the best gaming console in the market.
On the other hand, if your looking for an entertainment system, the PS3 is the best choice and the best value you'll find anywhere. I personally watch Netflix a lot. On the 360, you have to be a Gold Member($59.99) to be able to use Netflix. And one you do pay for it, the loading times are slower and the navigation menu isnt as intuitive nor convinient. On the PS3, The PSN(play station network) is free. So I can stream my Netflix shows and movies without the extra cost of a subscription. Playing games online on the PS3 is just as smooth as it is on the 360. The extra cost is not warranted. And finally, one thing I've learned recently, is that Microsoft will abandon its old products once a new one comes in. So if you have an older 360, you have to upgrade to the new one inorder to get all the new accesories(hard drive, kinect) and software upgrades. Sony is still supporting its ps2, and ps3 first gen systems to this day. I owned an xbox and bought a 360 first, so no bias here. For the same price, the ps3 gives you much better value than the 360 does. You'll end up having to pay for things you didnt expect to pay for on the 360.
-built in wifi
Cons -doesn't come with HD hookup
-only one controller and no game
-questionable quality control
Summary First unit purchased came with A BROKEN HARD DRIVE. Called xbox support and they arranged for a replacement hard drive - in 10 BUSINESS DAYS!!!. For my trouble, the lease they could do is FedEx a replacement. I ended up just taking the unit back to the store for a replacement. New unit works great - easy to hook up to internet. Unfortunately, with my luck so far, I'm keeping the number to xbox support handy...
Pros Runs extremely cool and low noise
Cons I had a major problem that basically meant that I could not connect to My WIFI
I have found more on the Issue here
Pros Halo Reach Edition nice color
Cons Con's are you kidding me 2 weeks and the thing was just as much junk as the other Halo Edition I bought 3 years ago and It was in and out of the shop and is currently a Hunter Green book end.
Summary I'm done I will NEVER buy another Xbox, my PS2 and PS3 both are working and working well with no issues. Microsoft has had years to get this right and still can't get it. With every Xbox 360 should come a bottle of pain reliever for the headaches you have when you have to call the help desk and stay on the phone with them for an hour while they make it feel like it is your fault because they are in total denial that their product is JUNK
Pros It's Quiet
HDMI and Optical Audio are seperate, no more dongle.
250gb Hard Drive
Cons I don't have anything bad to say about this aewsome machine!
SummaryStill working and still quiet :)
Updated on Aug 4, 2013