Yeah I think the PS3 exclusives like Uncharted 3 and God of War 3 look better than 360 titles. But the multi-platform games seem to look a bit better on 360.
Halo 4 looks better than those 2 games......and I have all three games so i can judge.
Halo 4 is really good looking no doubt. I don't think it's as detailed as Uncharted 3 though. Uncharted 3 has some of the best textures I have ever seen in a game. You could even see individual grains of sand it was so detailed.
Halo 4 is probably the best looking Xbox 360 game though, I'd say it's comparable but not quite as detailed as Killzone 3.
On the one hand, the gears series looks gorgeous. I mean those games really are very good looking. But their art style and colour palette burries that under a sea of brown and grey.
Uncharted is probably the most graphically impressive games on PS3 and in my opinion they look better than gears. They're certainly more detailed but whether or not they simply look better because of their vibrant colours and art styles is up for debate.
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Neither console really has an edge, the PS3 has the Cell but the XB360 has a better GPU and a better RAM allocation to counter that. The reality is that capital invested in a project and the expertise of the devs matters more than the tech at this point, look at Halo 4. MS bathed 343 in money and look at the wonder they delivered, Halo 4 is hands down the best looking console game out as of right now. Same thing was seen last year with Uncharted 3 and Gears 3, one would be hard-pressed to say either has a edge on the other and the reason is simple, big exclusives when given the time to gestate and the resources need to bring the vision to life are pretty much hitting parity between the two consoles graphically.