Latest salvo in XBox Vs PS3 battle

It seems Microsoft have upped tha anti:

I bought a HDTV a month ago in preparation for buying a PS3 (i've got a PS2) and considered myself to be a loyal Sony fan.

But since Sony have priced it at £424, and i've since found on other forums that my PS2 games won't necessarily be backward compatible as originally claimed (because the emotion chip is not included in the EU version, FFS!) i'm seriously looking a taking my wedge elsewhere!

One thing the PS3 had over Xbox was its hard-drive and abilty to play HD video content, but no longer from the looks of things.

In my position which would you buy?

I'm tempted to wait it out for a few months, and see if Sony decide to sensibily re-price the thing. Advice?


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