well i am personally a sony fan anything microsoft do sony can do much much better. but i must say right now the xbox is a much better consol for game quality AND game choice.
the ps3 in my opinion will not become worth the price for another year or 2. which is good to me because itl have dropped price by then and il have both:D
but yes right now Xbox does have the most graphically stunning game to date (Gears of war) personally i hated the damned game but the graphics no man can deny are spectacular.
Mass effect: what can i say bioware made it. only good western game creators to date in my opinion everyone else is just a wannabe japanese game development company.
project sylpheed: not so spectacular game but if you like very fast japanese style spaceship fighting with lots of lights and 60 missile lock on's its the game for you basically if you like anime and fighter sim's you will love this game
Dead Rising: probably in my opinion the best game for xbox for sheer size and content. the graphics are spectacular for the ammount that is going on all the zombies faces are pretty dang clear and sharp. and the sheer ammount of abilites and weapons is outstanding all in all one very complete game (infact one of very few modern games i felt was complete in every way)
now for the ps3
Warhawk: *Droolz* game is fantastic love it beutiful game amazing remake of the original. and a ps3 exclusive well done to em
Heavenly Sword: pretty generic game kind of GoW2/Prince of Persia Esc without the running along walls. though graphically stunning main char not so great infact EVERY char looks very sharp but not so great other than the main bad guy. graphics in that mans face are stunning. he looks very real at some points and the expressions he gives off actually look like he is lost in thought. (and has a very fun counter system) dont touch a button parry a attack and CHUCK weeeeeeeeeeeeeee.
well enough ranting from me im sure you get my point heh
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one factor that needs to be looked into though microsoft WILL NOT be running xbox 360 for much longer. instead of EA building they're own machine they are buying the 360 and revamping it (personally i think this is a good thing) because noone is as bad for penny pinching than microsoft if they can get a extra buck for it they will (non rechargable controller, 70 quid wireless adaptor, 1st xbox didnt even come with a HDD and you had to buy a 15 quid 23 mb memory card). you might even be able to DO somthing with your gamer points instead of em just being there for show and hopefully they take away p2p on xbox live though i will not get my hopes up.