Not bad...not great pricing.
some people say its high, but if 360 owners ante up for the HD-DVD peripheral, then the prices are a lot closer.
I've heard the PS3 is supposed to have TiVo capabilities, so that would be a very good thing...
I still think it'll come down to the games - right now 360 has 2 games I want to play: Halo3 and Gears of War (Oblivion is going to be ported onto the PS3)...so all the other games I want will either be exclusive to PS3 or have PS3 versions.
I'll probably stick with PS3 - the Warhawk demonstration using the 6 axis motion sensor controller looked pretty cool...
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