Xbox has nasty controllers that's why I use my PS2 controller with an adapter
In graphics the Xbox beats the crap out of the PS2. CPU power? Oh hell yeah. The Xbox runs the genesis emu full speed

. The PS2 doesn't run it's Genesis emu full speed and it looks like crap. That one called Pgen.
Games: Well the PS2 does have a lot more games of course and many good ones too.
So yeah lets hope the Xbox does come out with some good stuff... The other consoles are coming out with some cool exclussive games and the Xbox nothing really exciting lately.