QUOTE(scienide @ Dec 20 2006, 10:49 AM)

Sorry, i was talking about the firmware hack of the internal dvd drive to be able to run your backups.
Whoops, seems so obvious after looking at it again. I thought you'd said "hard drive hack" in that post.
Anyway, while PS3 doesn't have a proper BD drive hack, it does allow you to run Linux and dump files to the hard drive, which 360 can't do. So they're relatively even on a base level.
PS3 / 360
Can run arbitrary OSs / can't
Can run most any homebrew / can't
Runs emulators / doesn't
Doesn't have a disc drive hack / does
Can't play backed up games / Can, but only on an HD-DVD
Only the hard drive works in a PC / Most periphrials work on PC, with varying solutions required
..and you get the idea. If you wanna play "backed up" games, 360 is your box at the moment. If you wanna be able to pop Linux onto a system and play around, PS3 is your box. Either way, I still say just buy a PC and be done with it. Neither console has anything particularly interesting in the way of hacks at the moment. Certainly nothing as fun as you can still get on regular Xbox.