I already pretty much gave my console to my bro. Who are you going to sell it to to make it worth your while. It is smarter to keep it and crack it open in 5-10 years for that nostalgic feeling.
As for buying the next gen. I am investing in either a gtx 780 or the gtx 880. I am finished with consoles.
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Check out the new graphics cards from AMD. Drool worthy.