I have a PS3 and 360 and tbh the 360 wins hands down as a gamers console because of Live, Acheivements and the share amount of quality games that are released. I do like my PS3 but i see it more as a quality DVD player and Sony exclusive (Wipeout) games player.
I've had an elite since launch day and it's still going strong

I've not heard of any of my mates elites breaking down either. The elite is my 3rd 360 as i've had 2 premiums that RROD before, and thanks to DRM i lost Arcade games i paid for (still angry)