Check out the Specs Table at the link below:From a pure processing standpoint, the PS3 appears to beat the Xbox 360, but a final determination will have to wait on actual hardware tests. The PS3 has a few other advantages as well. It's completely compatible with the millions of existing PlayStation (PS1) and PlayStation 2 (PS2) titles, which is a huge plus. And its video display capabilities far outstrip those of the Xbox 360, with support for true 1080p displays. Dual 1080p displays. My goodness.
Xbox 360, however, drops the bomb on the PS3 in a few categories as well. It's HD Media Center Extender experience will blow away anything Sony can dredge up for digital media, and will support live and recorded HDTV over your home network. Its device connectivity--including direct support for Apple iPod and Sony PSP devices--is top notch. And the hugely compelling Xbox Live service gets even better with Xbox 360. Sony has nothing like it.
Win, lose, or draw, this is an interesting battle to watch. As we find out more, I'll update this table to reflect the most recent information.
http://winsupersite.com/showcase/xbox360_vs_ps3.asp