Well to be honest I am and for good reason, for every person that says "PS2 woops Xbox in graphics" an idiot dies. Reading on the specs of PS3, which I have heard is supposed to start releaseing last 2006(?) I do like PlayStation and it was amazing when it first came out but Xbox beat it. Blue-Ray is a great technology but it is geting outdated for one reason I believe, it is still a disk and though it may be DVD-RW one day, that takes to much time to burn and reburn the disk. I believe that one day it will be more like SD cards.
Another is the fact that cell technology is amazing that is true, for that much to come out of one processor is unbelieveable but looking at the raw facts its that the 360 is working with more. If there was 3 cell CPU's then it wouldnt be any compatition but I believe that the 360 doing 1teraflop compared to 256GFlops, a little lower. They can both handle an amazing amount of threads simultaneously also, it is going to be a close call. There is no definite now, we do have to wait.
-Ryan