The PS3 has been out 12 months almost, still nothing out. Multi-format games have all been inferior bar DiRT, all current multi-format games are being delayed on PS3 over Xbox360 or Wii. I am a massive fan of the console itself, but it's the games that make the console and it's really poor in that regard. As for the Xbox360 not having games, 4 months in it had some blinding titles. It had PGR3 and CoD2 on launch day, both of which were exceptional titles, Oblivion, Burnout and some others in April. By August it had TDU and Dead Rising.
Whilst PS3 will get some great games, the ones we were expecting to be the 'big' games we've been waiting for have turned out to be just as poor as everything else (Lair and Heavenly Sword).