[quote name='ChernobylCow']Thanks OP for putting this thread together. The opening FAQ helped me alot (although hopefully it'll be updated soon as promised).
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I am currently a PS3 owner and while I think I made a smart choice a) strong hardware that doesn't break like a crappy 360 b) blu-ray exclusivity c) free online d) I still have PS1 games that I play occasionally...I am feeling I made the wrong choice.
I dislike the PS3 controller (blutooth is nice) because it's too small. Online play is a joke, where the

is our voice chat? Bluray hasn't really impressed me all that much (luckily I've only bought 3). And in general I'm disappointed with it's online community and trophy implementation.
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Right now I am thinking about the Xbox 360 Pro 60gb. I am lots of goozex points/trades and so it's very appealing how easily I'll be able to get ahold of games like: Mass Effect, Fable II, Dead Rising, Banjo: Nuts and Bolts, Saint's Row 2.
So here is my system useage priorities thingies:
a) I do not store music, movies, or photos on a system very often if AT ALL.
b) I want to easily voice chat with other players while I play/or don't.
c) I want achievements
d) I am interested in this netflix service.
For the netflix service, what can I expect? My girlfriend and I are big television show watchers via DVD and movie watchers. For instance we watched all of The Wire & are now doing a tour of Battlestar Galactica. Is netflix' entire catalogue (per se') on Xbox live?[/QUOTE]
There is certainly enough NETFLIX content available to keep most ppl happy, but be prepared for disappointment, because just as much is missing. I recently started watching 30 Rock, and burned through Seasons 1 & 2, but 3 & 4 are missing. Same thing with the Tudors, but I'm also a BBC fan, and many great shows are available such as Red Dwarf, so it gets a solid B overall. Just use the 1 at a time by mail rental to get the movies that are not available for instant download.
Good decision on getting a 360, today at E3 they announced a slew of new features including streaming radio from LAST.FM