Xbox 360 Cons:
- No HD-DVD player built in standard models, only in the Elite. [EDITED]
- Heats up and is noisy when not put on a stable platform.
Xbox 360 Pros:
- Wide variety of games, whereas PS3 mostly has more "mature" games.
PS3 Cons:
- Need to "install" some games, package can take up space up to 10 gigs. DMC for example.
- No PS2 support on 40gb and lower models. Only 60gb version had this, which is now not being produced anymore.
- No card reader slots anymore, only 60gb version.
- Tricky admin/guest user system.
PS3 Pros:
- Great potential. Only like 20% (or something like that) of its power is used in games. Or so they say...
- PSP connectivity.