Let's get ready to rumble... PS3 v 360

Well, some information has been released on the PS3.

It will be able to play PS2 games
Blue tooth wireless controllers (and wireless is the only way to go!)

This is more than just a game console though.

"The console allows owners to access their media from anywhere over the internet, make video calls using a high-definition camera or download upgrades for games."

You suppose to be able to put your face on game characters.

Suppose to be launched in Spring of 2006.
The new XBox is suppose to have half the processing power as the PS3, but it will come out months earlier, so that should help the XBox.