Sony RULES the gaming industry. MS will never be able to catch Sony. The only company that can stop Sony in the Video Game industry is Sony. They'd have to screw up so bad that another Company woul dtake over, and from the looks of the Xbox 360 launch MS has little chance of pulling that off.
The PS3 has so much more going for it, the only thing I'm worried about is Sony rushing the PS3 out to stay in pace of MS. Personally I'm hoping the PS3 doesn't launch unitil Xmas 2007. I'm sick of consoles all being released within a year of each other. I want enjoy a machine for a couple of years then buy the next one.
That said I pre-ordered 2 Xbox 360's, and sold 1 of them on ebay for $880. After my ebay fees, paypal fees and the free shipping, My Xbox 360, 1 extra wireless controller, and 2 games cost me $270