I like the PS3 exclusives more than the 360 ones, which is really the only difference between the two (PS3 has Blu Ray though). And I don't recommend just waiting for the next generation, those are a year away (they probably won't be released until either June or during the Holidays of next year). And since you've never owned either you'll have an ENORMOUS library of really good games to play and on top of that most of them will be discounted because they're a little bit older. By the time you've finished playing everything there is to play on the PS3/360, the next generation consoles will have already been out for awhile and will have much larger libraries, plus you won't have to wait a year to game.