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Better hardware: PS3. No competition.
Better games: Xbox, but not by a lot. PS3 is starting to reach the limit as to how much they can milk out of series' like Ratchet and Clank.
Better online: Xbox would be better than PS3 if it was free.
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Overall I enjoy my PS3 (actually PC, but this is about consoles) the most out of all of my gaming systems.
Better hardware: PS3.
Better games: Neither, both have their brand-only games that are awesome. You like Halo, I like Resistance. You like Gears of War, I like Killzone.
Better online: Neither, both have their ups and downs. Lag appears on both just like host migrations.
Anyone who wants to claim one is better than the other is an idiot or just ignorant.
Maikeru, my PS Move is very responsive, and I had no problems with it (unlike my Wii) in the few games I played. Same thing for my Kinect. You can't compare the two since it's two different types of gaming and detection.