Re: xbox 360 or ps3?
I went with PS3.
PS3 is 399 for the 40g. My package (SM3) came with 5 blu-ray dvd's, but there are probably different packages now. It also includes free internet play.
Last I looked XBox was like 349 for the 20g. You also have to pay 49 for internet play (398). Some packages come with multiple games.
I just think PS3 is a superior machine. Don't forget you're also getting a Blu-ray player. I'm currently playing GT5 Prologue (PS3 only) and loving it. This year is going to be the year when developers start really tapping into the power of the PS3 hardware.