Do you realy want a cheap RC car? Then this is what you'll get
http://www.rcmart.com/catalog/produc...ducts_id=16375 But thats not complete yet ok.
Its ugly right? I'm a 13 year old and i've just started racing. I was looking for something like what your saying and i found a QD car. Before i bought that i went to a racing school with TT-01's and i realized "OMG! I was about to get a crappy toy car!" you wont be able to get a $50 priced RC car. If you like you could get that toy car(i think its what i was also supposed to buy) bring it to the track and get envious. I'm a tamiya boy and i think you should go for the TT-01, its good its low maintenance and its begginer and pro all in one; it will cost around $215. Look around the forums for a second hand car if your budget isnt enough.
On the subject 360 vs. Car, get the car!! I have a PS2 and i think that the car is so much better than PS2.
I hope this helped you.
LaMusica, Daniel C. Roque.