I personally think Airbus have got it spot on.
The 7E7 looks good and is attracting lots of airline attention BUT, just as the orders could have 'took off' airbus have started offering their version which is going to at the very least delay the orders for Boeing.
The 7E7 is at the moment a stand alone project, whilst the A350 will probably share similar properties to its smaller counterparts giving airlines who already operate the A320/21/30/40 a good oppurtunity.
The 7E7 is good, very good but I think Airbus are a little smarter!!
P.S Its obvious which direction this topic is going to go, how long before the moderators step in!