[quote name='Doom5']
#1. The system is far more expensive than a 360, and I have no need for a Blu-ray player.[/quote]
It's $100 more, which isn't that big a deal (and it's cheaper depending on how you use online).
#2. There's only one title worth picking up at launch(Resistance), so why not just wait?
For me that's Untold Legends and Ridge Racer 7...but that's true for every console at launch. Not anything specific to the Playstation 3.
#4. The GPU in the 360 is far superior.
BUZZ. Wrong. Xenos does have unified shaders, but overall has worse performance than a Geforce G70-class GPU which the Playstation 3 uses. Both the PS3 and 360 are completely destroyed by the new Direct X 10 GPUs like the G80 and R600. Xenos is in the same class of GPUs as RSX, but it would have been more like a $400 part when RSX would have been a $600 part (realistically though it'll be more about artistic style, etc. as they're very close). RSX most likely has 16 ROPS to Xenos' 8, which gives it double the fill rate.
#5. The CPU architecture of the 360 is far superior for game creation
No it isn't. Cell has considerably more raw power. Microsoft's tools are supposed to be better though (though theoretically Sony can always improve development tools, while the hardware's set in stone). Getting the best performance out of Cell will be harder than out of Xenon, but then Cell's max performance is a lot higher, so...
$6. No hardware scaling. BIG MISTAKE for such a high-end and expensive gaming console. All CRT HDTV's are 1080i native, some upscale 720p nicely, some do a terrible job, some won't even accept a 720p signal. Why should I ditch my ISF calibrated tube that looks far superior to any LCD/DLP on the market so I'm not stuck playing in a downgraded 480p mode? I'll take my 1080i on my 360 via it's internal scaler.
Just to be clear, there's no such thing as an HDTV that can't handle 720p, 1080i, 480i, and 480p. By definition all HDTV's handle those four formats. That said, since apparently some people bought monitors that won't handle them, they should have had the PS3 output to multiple resolutions. (Though to be fair, all 360 games don't handle all resolutions correctly either.)
$7. The controller. The 360 controller is PERFECT(assuming you get one where the D-PAD doesn't hit the plastic so the buttons are hitting the contact). No controller I've used has ever been more comfortable and intuitive. I've always found the Playstation controller to have the analog sticks too close together and cramped.
The 360 pad has the worst d-pad I've ever used. Ergo it's far from "perfect", and is worse than not only the PS3 pad, but also the PS2, Gamecube, and X-Box pads.