Nope. While both formats eventually later in development started using the same video codec, initially HD-DVD had the better codec than Blu-Ray. Now regarding the PS3/360 issue, the Blu-Ray drive in PS3s have a slower read speed than the 360s DVD drive. 1X DVD speed is 1350 kilobytes per second, 1X Blu-Ray speed is 4608 kilobytes (36 megabits) per second.So: 2X Blu-ray drive is 9,216 kilobytes per second, or 9 megabytes per second and 12X DVD is 16,200 kilobytes per second, or almost 16 megabytes per second. So as you can see, the 360 technically will load data quicker. To circumvent that issue, game developers tend to duplicate game information on Blu-Ray disks to provide quicker read speeds. You also have to take into consideration that most PS3 games require you to install a portion of the game onto the hard disk which of course will give the false sense of illusion that the Blu-Ray drive is reading the game quicker than the 360.