This conlsole is as good for offline gaming as the PS3, people go on about better graphics on the PS3 but i have both consoles running through component on a Samsung HDTV (at 1080i,) and there really is not much in it if anything.
Where the Xbox 360 kicks the PS3 into touch is online. Xbox Live is fantastic, the way it is set-up contact between friends and, chatting to friends while both on different games, It makes even single player games feel social. Plus Marketplace is great.
Sometimes the online gaming quality depends more on the game than the console. If you take COD4 it runs just as well on the PS3 but, as no one on the PS3 ever speaks how the hell do you work as a team. Capture the flag type games are pointless.
So Online Xbox rules okay for many more reasons than the ones i have stated above.
Now you are asking why 3 stars? Well it broke yesterday and this is my third one since launch, my first elite. It only lasted since september (8-9 Months,) and i personally know two other elite owners who have had consoles go. No i have not hammered it, never played it for more than 2 hours in one go, and it has pleanty of space round the intake and outlets for air flow.
So great console but get an extended warranty for god sake.