An unbiased video comparison of the two consoles:
http://www.youtube.com/watch?v=jorFAyy7BY4
A couple things to keep in mind while debating between consoles that the video doesn't list:
-Cost
PS3 base price = $300 (console + 120gb drive + 1 controller) as per bestbuy.com
Xbox360 base price = $200 (console + 1 controller) as per bestbuy.com
-Game Selection
(use your own judgment here)
-Extra Functions/Uses
Personally, I use my Xbox360 as a media server, and since it sits next to a Blu-ray player, I didn't need the PS3 for that function. I believe the PS3 can be utilized in the same manner.
Also, I needed to run a 4-port switch by the TV, so spending more money for my Xbox360 to get wireless wasn't even thought of. I'm a fan of hard-wired over wireless anyway.
I'm not going to bother to go back and quote whoever said "Microsoft is just out for your money"--c'mon, Sony is the same way, always forcing new technologies into play. The PS3 was
practically the first device on the market with Blu-ray, and do you remember those stupid "digital cassette players" that were in style about 10 years ago, for a solid 2 months? MiniDV or DVC or something like that--Sony's doing. Either way, both companies want your money. Dur.
Microsoft sells their consoles low and accessories high.
Sony sells their consoles high and accessories high.
The difference? You'll pay LESS for an Xbox NOW than you will a PS3. Depending on your game selection and need for accessories, though, that's when things get tricky. Lots of variables come into play, but if you want "all the good stuff" right off the bat, you go with a PS3.
I'm going to stop rambling with this post. Hopefully this sheds some light and becomes a useful, semi-unbiased guide to whoever needs it.