I have fraps and record my basic game play or my character dancing but I want to make videos like the cool ones,with the character playing instruments and singing. What do I need for that?

I am tossing up which console to buy. What are the differences between Xbox 360 and PlayStation2 (in terms of variety and types of games, graffics, game play, cost of games and console itself and any other difference)? Which do you reccomend and which is the best value for money. Cheers!