It comes down to affordability for me. If you can afford around 3500-4500 rs per Playstation 3 game and if you can afford to buy a 30k console, Then go for PS3 you will not be dissapointed. Xbox360 is a great console but it has alot of issues like RROD. If this RROD problem wasnt there i would full heartly recommend you to get X360, But i am a victim of RROD myself after using X360 for about 3 months so i wont recommend X360 to anyone who can afford a PS3.
If however you really cant afford a PS3 go for a 360, If you're lucky you wont get RROD, plus you can buy pirated games and even download games off the internet burn them on dvd and play them. I am hearing the new X360 consoles have less chance of getting a RROD but not quite sure how true that is.
I recommend the PS3, You will love playing Online for free, Plus even if you have to spend 4000 on a game you will play the game to the full, And then you can later exchange that game for another one.
===Glory Glory Man United !!!!===