What is a better value for money, 360 or a ps3?

Xbox 360 wins no competition... Ok im going overboard but seriously xbox just has a better community, higher quality applications, and fantastic customer support. The only thing the PS3 has on Xbox is everything is free. I don't mind paying the extra $60. The ring is a hardware failure is best known as "The Ring of Fire". Don't be fooled the PS3 has a hardware failure too just not as common as Xbox's. I would know it happened to my PS3. Don't forget the fact you can now access Facebook, Twitter, and last.fm with a gold membership.