Note: If you are on XBox 360 Live and would like to add me as a friend or compete against me, my gamer tag is UNREAL37.

I've had my XBox 360 for about a week now, and it has worked out very well. Sony PS3 is dead in the water compared to this.

The games themselves obviously are important. The quality of titles, and the quantity of titles. I think I read there are over 70+ XBox 360 games available today. PS3 will not launch with that many titles.

The XBox dashboard is something else too. I've now integrated the XBox 360 with my home PC, and am able to display pictures and play music files in my living room. The 360 has now become my home living room computer, in essence. If you have a Windows Media Center PC in your home, the 360 can play videos from that device as well.

Where the 360 really excels in the online component. You can play games online, obviously, and Microsoft has done a good job getting game makers to support multi-player games in most titles. But the other, sometimes overlooked, piece of XBox live is the "marketplace". It's a place where you can download full games, game demos, game trailers, movie trailers, and other content off the Internet to your XBox.

This is a smart move and well executed. There has been many times I see a game in the store, and I would like to play a few minutes of it before committing $70 to purchase it. Now I can go home, download the demo off of XBox Live Marketplace, get addicted to it, and want to buy the whole thing. It's all designed to get you to buy more, and spend more. I currently pay $8.99 a month to subscribe to XBox Live, and apparently 50% of XBox 360 owners are on Live as well, which is amazing penetration for a subscription service. More money for Microsoft.

XBox 360 has to be considered an incredible success no matter how to measure it. Steve Ballmer (CEO of Microsoft) should buy everybody on the XBox 360 Team a Ferrari, because what they have done is hit a home run that Microsoft desperately needed.

(* And if someone on the XBox 360 team wants to let me drive the Ferrari Ballmer gives them, I would be most grateful as well.)