I'd go 360 as well, but I'm also holding out for pretty much the same reason. Well, that and the fact that the PS3 is almost as cheap now and it looks like it might be dropping again in the near future.
The games are another issue entirely. Any game that's fully cross platform, I'd rather play on my PC. Beyond that, a lot of games are on both the pc and the 360. PS3 might be a better bet for what I'd be looking for in a console (sports, platformers, maybe some jrgps, and the occasional action game that doesn't hit the PC).