
Hmm...
A PS3 for $299 with Blu-Ray, Wifi, reliability, great media streaming capabilities, and a monster load of fantastic games heading for it and free online play.
Or for $50 (£25) less, a 360 thats got 2000-era DVD, no Wifi, unreliable, and nothing but a truck load of shovelware in 2009, and a couple of Halo rehashes/cash-ins, and costly recurring online play.
Not hard to see the 360 has had it's day.