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NO, The ps3 has a tonne of amazing exclusives, compare this to barely any on 360 now. If you just buy for Gt5 you will miss out on Uncharted 1 and 2, Metal Gear 4, Demons Souls, infamous, Killzone, Resistance, MLB The Show, Little big planet, God of War, Heavy Rain, socom, Ratchet and Clank, motorstorm, etc.....