The Xbox 360 S is awesome. It takes the original design of the Xbox 360 and makes it smaller, quieter, and even a bit faster (no your graphics won't look better, but the cpu is actually a little more efficient which translates into fewer hangups and a bit more responsiveness when using tools like the Xbox Guide button or the Xbox Live Dashboard). While the Playstation 3 is a formidable console, both it and the Wii simply CANNOT compare to the online offerings of Xbox Live, which is where the real glory lies. With thousands upon thousand of arcade titles at reach from your own living room with demos on pretty much every single one AND tons of exclusives available (like Braid, Castle Crashers, Minecraft, Fez, Trials HD/Evolution to name a few). Plus you have so much digital entertainment in your own living room, with tons more coming as Xbox Live evolves into perhaps the most adopted home-entertainment system. Kinect only furthers the potential of Xbox, and is seeing great support from big titles. I love my console.