If you do trade it in for a PS3, don't expect more than 80 bucks for the system. I wish I was kidding, it's incredibly sad. But PS3 is a far superior machine overall, it doesn't make as much noise, or give you the red light of death, which I got on my 360 back in the day. All content seems to run better of the PS3 in my opinion. Plus you don't have to pay to play online, or pay to have WiFi. It just makes more sense to me, but then again, I live in the city, so cheesing free internet is a must.