depends on the game. games like metroid prime or halo should stay 1st person. games like resident evil,silent hill,and kingdom hearts wouldsuck with 1st person veiw. i really prefer 3rd person though.
3rd person for console games and 1st for comp. you dont have as many controls for the comsole so platformers and button mashers are the best for console. however Stragy and shooters are better on comp.
Well.....it does depend on the type of game. If it's a FPS like Halo or Call of Duty then it's better to go 1st person. If it's a game like Kingdom Hearts or WWE then 3rd person's the way to go.
I personally can't decide between the two because I love both type of games..