Well, with the graphics, not always, sound, I never really pay much harken to sound but I doubt there is much difference in sound between the Ps3 and 360. It definately does not have better online play, and for demo at least, the 360 beats it out there as well.
So for your PS3 you have music, video, and photos.
Enjoy that $500 you spent.

I own a PS3 and nothing else. I love it a lot and I'm very happy I bought it but the Xbox 360 is also a very good system. I'm just more interested in the PS3 and the exclusives coming out for it. I also like that the Sony is more relaxed about certain things and allow mods for games that support it. I would get an Xbox 360 but there are only a few games I would play for it. In the end it all comes down to personal preference.

ok then graphics are pretty much identical on the 360 and ps3 sounds are excactly the same the 360 is more user friendly and has much better online. videos and photos 360 can do everything the ps3 can with videos and photos i think both consoles are equal even though i only have the 360 i like the ps3 just as much but the 360 is still cheaper and its a better deal 360=ps3 but 360 is cheaper

if you're going to review the ps3, please do the console justice. be fair about it, and don't just say it's the best without doing a fine comparison to other consoles. nothing personal.