I have it on the PC. My friend got it on the 360. It's actually a really great, if not challanging sucessor to games like Baulders gate or neverwinter. If you can run it, I'd really recomend the PC version though. The console has the same slowdown and fratate issues mass effect did on the consoles. (which is to say, not horrible or game breaking, but unpleasant) It also has to rely on command rings with the lack of a toolbar or hotkeys, and you can only allocate so many things to your face buttons at a time. The menus also look completely different, but they both work.
Basically what I'm saying is yes, it's a good game, and fun on any platform, but I think it plays best on pc. Could be all those hours spent on the old baulders gate games that make me think that way though.