well, technically the PS3 is a more powerful system, although I think its over-priced. the 360 is a great system, not as powerful, but with games like gears of war out now, and games like halo 3 within sight, personally Id get the 360.
Id definitely wait for a price drop and some killer apps before I dropped that much for a game console. Now i'm not saying don't get the PS3, Ive seen video of some of there up and coming titles, and there absolutely amazing.
it may help to know what types of games you like, FPS's RPG's, Strategy, sports etc.
i agree i would get the 360, so many good games to choose from
im stuck i dont know which one to buy i have a PS2 now and want to upgrade but i dont know which is better 360 or PS3 if any one can offer some advice???
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360
reason: halo3, gears of war, oblivion.
(hopfully kotor III & fable II soon)