Well, everything that Ian said, but I'll add one more. He said yes to the bluray. I say ONLY if it wins over HDDVD. Otherwise, you're stuck with an overpriced laser disk player. The 360 has everything else you listed, and does some things better. I don't guess you know very much about the 360, just a loyal PS follower which is fine. Just make sure you have your facts straight. With Sony, you're ALWAYS buying the name, that's what was so funny when I read your post. Remember how much more the Xbox had over the PS2, yet the PS2 was priced higher? The PS3's bad wrap is how much it costs. Again, Sony is NEVER more bang for your buck.