I also think I am going to buy the PS3. I do like the 360 though. And still waiting to see the what the Revolution specs and looks are.

Nintedo has stated several times that they aren't releasing specs.

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I am leaning towards the Ps3. Just for the fact I have a ps1 and a ps2. Just to have the collection of systems to brag. But the 360 I do like though. But the draw back of it breaking so often.