long and mind melting thread, read that techincal article..........very informative basically:
CPU
PS3 'better' but very limited in what it can do and how
Xbox360, more general, much better design imo
for this gen
winner: non
ONLY if developers make a game specifically for the console will either of them shine (gears war is only thing I can think of taking proper advantage of 360 and my god you can tell) but I dont see it happening unless they have specific licensing agreements from the get go. The EA mongerals will make 'standard' type of games and port them to all consoles to make more £££££££ so nothing would have really been put in to getting the most out of each and every console
GPU:
PS3: 7800gtx - ok does job, fixed in what it can do, odd weird ps3 programming running through it unfortunatly, wonder how much more could be got out of it running D3d (which to be honest is what the gen/tech was made for - N47) or OGL 2.0 (which i imagine it runs in ps3s linux system)
360: The only 'TRUE' next gen thing about these consoles, its simply awesome for the current tech and is a testiment to ATI, well done. Fast, smart design way ahead of its time at the consoles point of release, and is still now, even faster than most stuff on the PC market, due to its incrediable effieciency of what it can theroretically can do (again gears war uses it nicely, I wonder how much of its really being used even for this ?)
Winner : 360 by a country mile
Storage:
PS3 - blueray, huge amount of storage space, however 8.7mb a sec read speed of data can be read from it, compression still needed to stop loading times being an age, so the 25gb it can store becomes somewhat pointless considering read speeds
Xbox360: 12dvd, 16.7mb sec read speed, so double as fast at getting the info in the console, much better, however limited by capacity of disk space, but the disk space available is more than enough considering compression, (which further speeds up 'read speed' times)
Winner:
for games 360 due to read speed
Media PS3 due to blueray
No clear winner really, depends what you wanna do, considering read speeds, and its effects on games, id say the 360 easy, also games dont need 25gb of space for a good long game (oblivion, gears war as examples) Course MS may possibly start to release games on HD-DVD if they wanted to and lifted restrictions on that id guess if they were pushed into a corner.
PS3, great idea but looks a lot like there trying to push there own format, which they are, theres more motives to the console other than what the gamer wants, why on earth would they settle for 8.7mb /s read speed, thats daft, more space with half the loading time, oops
As for design and games 360 clear winner (if you think logically) also its media capabilites exceed sony (for me) when i use it with my MCE2005 PC, streaming music, pics films etc is easy and well done
PS3, dont know that they have done there, blueray films will look awesome, games, umm now and next 2 years no different to worse than 360, if they can use the cell along time in the future (about 4 years) AI and physics may start to kick off nicely on it, by then the new xbox console will be out mullering it..........well played MS global domination awaits you

damn you sony ! we need more competition !
So the graphics of a game will end up being better on the 360 (as they generally are now), no contest its GPU is outstanding and floors the PS3. In game Physics for example should be better on ps3, however to edit this post 'advanced; AI is ni-on nearly imposs on ps3 due to its '7' processors having near non out of order programming ability - exactly whats needed for ai, 360 while still 'bad' is able to sustain out of order branching much better - therefore AI should be better
Its all swings and round abouts (to be fair as far as console power goes, 360, only because 'most' of the consoles power is designed for graphics, physics ai is dependant on how its done, not the pure numbers), the only true thing that will make one better than another is its games, either camp needs to realease awesome mind blowing addictive long games that just make you wanna play and engage the person who is playing, I await said games
EDIT: as pointed out another down side on 360 is its noise level in game, i have no idea of the noise a ps3 makes in game
EDIT2:yes I suppose developers will transfer some game chunks to the HD, have sony reserved 25gb space for games that could require it ? would it transfer everytime ? (still taking ages to load, so no different) or once the 1st time ? (again taking ages, but once its transfered is faster in future), also how many games could you transfer, obviously 60gb is not enough for 2 games at most, considereing os and that, also what if you want to download stuff off sony store?