On the positive side
+ Console is very well made
+ Very good selection of games (Forza 3, GoW 1 + 2 and Alan Wake are great)
+ Very clear menu
+ X-Box Live is definitely worth the money. In my opinion, is the online play much more stable than the PS3
+ Controller is very comfortable to hold
On the negative side
- The very large power adapter
- While playing the disc, the console can be heard - but the console is not out loud! All the compare the sound with a hair dryer or a jet plane exaggerate wildly.
So, who has to decide between two consoles should know beforehand whether to buy the thing just to gamble (then X-Box 360) wants or even Blu-ray and DVD's look (then PS3). But who has the wherewithal, both should get. I regretted it by no means