I know how people on this board dislike microsoft (or M$) But the XBOX is a awesome product. Nowhere near as cool and usful as the Empeg, but none the less, i think it is the best gaming console on the market today. Graphics blow away PS2 and GameCube. And its only $199. XBOX, XBOX, XBOX!
Load times are very sort, no memory cards, built in hard drive, lan card, very very very nice product. Must say, it is the best microsoft product out today!

Forgot to mention the huge amount of games currently out. Just looked on xbox.com, and there around probally around 75-100? didn't really feel like counting them, but he is a direct link to the games section.

I've played PS2 a few times, the graphics were WAY to slow for me. You would get going, and the ps2 would just crap out, totally loose massive amounts of frames. Xbox, no way. No frame loss, exact ultra high framerate all the time, no matter how good you are at the game. Never a lock up, always ultra fast and willing to consume you for days of straight game play.