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My brother owns both a 360 and a PS3, and the only REAL advantages a PS3 has over the Xbox is the blu-ray player and the internet browsing capabilities. The game line up on the PS3 is piss poor compared to the Xbox 360, and some decent titles on the PS3 you can get on the Xbox 360 anyway (GTA...

Severely overpriced cough cough!

Yup it should be free, I think all 360's have 3 year warranties on it.