I have an original Xbox, and when the whole 'new system' thing started out I figured that if I were to upgrade that I'd probably get a 360 so I could still enjoy most of my older games.
I eventually held off. I still have my old machine and if I desperate want to play those games I still can.
The PS3's graphics are somewhat better than the 360's, but not so much that switching platforms would make a huge difference to you.
The biggest seller is the support that Sony has for its own products.
I love my old Xbox, but look at the facts: Microsoft only ever released one version, never bothering to remodel it or slim it down from the 22 lb monstrosity that it was.
It couldn't play CD-Rs and the DVD playback was (to be generous) flawed at best.
And as soon as the 360 came out, production stopped immediately on the old system's games. A limited backwards compatibility was the best you got.
Sony continues to make PS2 systems and new games, and they took the original unit and shrunk it down to a tiny slim system.
The PS3 has backwards compatibility, dependnig on which model you buy. The most common model is the 40 GB version, which cannot play PS2 games. Although in a rather odd move, it can play PS One games (!).
The more expensive 80 GB version can play PS2 games, the same as the 20 GB and 60 GB versions, which aren't manufactured at this time.
So my advice is that if you're thinking switching over and gaming is a big draw, then perhaps wait a spell until Sony remodels and/or does a price drop. Price drops usually happen around Christmas.
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