Actually you should buy the PS3. Don't get me wrong: Halo 3 is one of the best games to happen in this industry ( even though I haven't played it yet ) and there will be a few good games to follow. However, the XBOX 360 is running into a lot of problems, especially the "red ring of death" scenario. Also it has been recently reported that the Halo 3 games are causing the XBOX 360 to shut down. Right now, I think the wisest thing to do is get the PS3 to whet your appetite of gaming. That way you will have great games to come without any problems. Sony is still renowned for the finest quality and that the best bet is the PS3 today. Anyway you will have PlayStation Network membership for free.