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Check out the specs and graphics on the PS3. It has more processing power despite having only ONE 3.2GHz processor while the 360 has 3 of them.
THere's no question in my mind, the PS3 is going to be a revolution as or almost as spectacular as the PS2 when it was first released. Sony have hit the Jackpot, and Microsoft and Nintendo are just gonna have to fight for the silver medal.