I have been a loyal ps3 fan for ages now but never really tried the xbox360. Recently I've been bored with the games on the PS3 so i bought a 360 Elite. It's AMAZING. So much quieter than the premium model, its no louder than a desktop pc! Charge and play kit comes in handy (So buy one!) and games look simply amazing. Due to its AA capabilities, its graphically better than the PS3. Im selling my PS3 to make way for this baby, Gear of War and Bioshock are stunning. Can't wait to buy some more games for it.
Although you have to pay to play online, its worth it as it has LOADS more content than the PS3.
Out of the box and up and running only took 5 - 10mins using HDMI connection and hooking upto my 2.1 sound system! The adaptor you get with the elite makes it possible to connect a sound system at the same time as using HDMI for video (Premium and Arcade do not come with this adaptor)
Buy one now!!!