PS3 a gimped system??? Where are you getting your information from? I guess I have yet to see how my PS3 is "gimped." It's a better system than the xbox 360 in virtually all aspects, hardware, appearance, even the controllers are better than xbox 360.
MS had a full year to release games and despite that time advantage, they only now offer a game worthy to buy the console for (Gears of War.) I had all three last generation consoles and finally broke down and bought the xbox last (for Fable) and shortly thereafter sold the thing on ebay. I've played several games (Perfect Dark Zero included) on my buddy's xbox 360 and I'm unimpressed.
I'm no Sony fanboy so if they fail to release good titles, the PS3 won't sell well, but it's not like MS has offered anything great either. Assassin's Creed, Devil May Cry 4, Metal Gear Solid 4, etc. all look like fantastic games available for the PS3 this year. Follow that with Final Fantasy 13, Gran Turismo 5, and more and I think it's pretty clear who will dominate game sales.
All this despite the fact that for awhile at least, Nintendo will dominate game sales with Zelda TP, Super Mario Galaxy, Metroid Prime 3, etc. I think this lead will eventually fade though. Keep in mind that the best selling electronics device this year was HD LCD Televisions. As fun as the Wii is, the graphics are shameful compared to the PS3 and eventually people will want the HD. As crappy as "Genji: Days of the Blade" is, it looks amazing on my nice LCD.