When the PlayStation 3 first launched, it was saddled with an eye-watering $999 price tag. Anyone shopping on a budget was sure to go for the cheaper Xbox 360, which retailed for a far more attractive $649.95.
Since then, both consoles have undergone several major revisions, and the tables have been reversed. The PlayStation 3 is now the more affordable option, with prices starting at $349.95. The cheapest Xbox 360 currently costs $399 -- but to get the most out of this model you will also need to buy an additional hard drive (it comes with just 4GB of onboard memory, compared to the PS3's 160GB.) Granted, Microsoft do bundle a Kinect with the $399 model, but if you have no interest in motion sensor-based gaming it's an added expense for something you don't need. There's also the lack of a Blu-ray drive to consider.
Verdict: PlayStation 3. At the current RRP, the PS3 offers better bang-for-buck.
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