I have been waiting for the PS3 to come out for a long time. Now that it's finally out, I haven't picked one up. Why? Because of the final cost of getting everything. So for right now, I'm getting the XBox360 this year.
It actually works out for the best. I'll get the 360 this year and then get the PS3 next year. Normally I would only have one system. But by next Christmas, I'll have two.
It isn't b/c I think that the 360 is better, but it is cheaper and can more easily fit into the budget this year (especially since both the stove and dishwasher decided to bite the dust in November).

Donkeljohn