Xbox Arcade 199 + GH World Tour for Xbox 360 complete: $189.99 from RedOctane.com = $388
$388 for a Xbox 360 Arcade package
$357.78 for PS2 package
Not a hard choice there. Plus with a 360 you get to play the whole Xbox original library.
I'm going to disagree here. While I think the PS2 might be a great "second hard" (ie used from a friend or a garage sale) I hardly think it is work ~$140.
When you could pony up 60 bucks more and have a next gen console.
Plus I read the Arcade is going to be having some really nice bundles over the holiday that come with 2 or 3 games.
If you wanted something to stick at your house for the grand kids to play when they visit once a month, I think paying $80 for a used PS2 would be great. But I just can't justify paying $130+ for something new especially if you want to game more than just a few hours a week.
my 2c