This irks me, as someone who is an avid gamer (my favorites consist of stuff like gears, dead rising, halo, viva pinata, etc on xbox) I found MS had quite a nice selection for their console. Bayonetta was stunning and it's practically a turd on ps3 (i've played both), mass effect 2 was exclusive and still is for now, so that's not a big deal, alan wake most consider great, crackdown 2 was good fun if not a bit dissapointing, fable 3 is seemingly fine, halo reach is amazing (as someone who was disappointed by the last 3 halos) and yeah, as a kinect owner, stuff like dance central and especially kinect sports are just as AAA as any other game, on top of that a very VERY strong 3rd party year (and in the case of dead rising 2, you'd be foolish to get it on ps3 if you're an avid fan) and you have a great year. Xbla was also fantastic, if you're in any way an open minded gamer the 360 had a great year that largely was not playable anywhere else.
I really hate this divide people create with kinect vs other 360 stuff, what makes kinect so neat is it adds a sense of depth into these 'casual' games that allows them to have depth equal to any other game, there is a reason i'm struggling to get achievements in kinect sports, its HARD in a good way.
For those without kinect, it might be a bit worse, but really, by next year you can probably score a kinect and play stuff like project draco, that rumored gears kinect game, or that grasshopper project, on top of stuff like gears 3 and whatever else MS will be announcing.