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I intend to keep my 360 for a while even after I get the PS4 , simply because the cost / number of games means that I'll not have more than 2 games for the PS4 for a while!
I sold my 360 to get a ps4, but I still play on my ps3 occasionally. I hear that the ps3 will be getting some new games too, so i'll probably hold on to it for a little while longer.