The Senior VP of EA Games Europe, Patrick Soderland, said to the Official Xbox Magazine that the Xbox 360 is maxed out (graphically):

'Sony has a lot of good games this year. If you go to their booth, there's a very consistent, high quality product line-up and that will help them. I do think that we'll see developers inside the organisation getting to understand the PS3 better and I think that we're getting more power out of PS3 right now... I think that we've maxed out the 360 but we haven't maxed out the PS3.'

He also says that he's impressed with Microsoft's motion sensing controller, Natal, and that Sony should have a headache. Still, that's EA saying that the 360 has hit it's graphical peak, whilst the PS3 is still climbing. Read more »