Battlefield: Bad Company 2. The sequel to the outstanding hit from DICE/EA will feature Dedicated Servers for play for console users
(PS3 and XBox360)
Console players can finally experience First Person Games as they should be lag free with their friends and having the abilty to play large games and choose where to play instead of being forced. Features tried, tested and enjoyed for years by the PC community.
http://twitter.com/OfficialBFBC2
Also from DICE
You're dedicated to your game, why shouldn't your servers be dedicated too? We understand your pain #MW2 PC fans.
Ironically there was a petition by console players for Infinity Ward to bring dedicated servers for Modern Warfare in their forums.
So if you want Dedicated Servers and Modern combat Bad Company seems to be the best choice.