Kannel is a compact and very powerful open source WAP and SMS gateway
ALSO
PlaySMS is a flexible Web-based Mobile Portal System that it can be made to fit to various services such as an SMS gateway,
I am confused, if Playsms can serve as gateway, why we need kannel?
Playsms and Kannel are not comparable, they are complementary; Playsms is a web portal to create and manage sms services on top of "compact" gateways, it is where Kannel is playing, but playsms is compatible with many other types of gateways.
It really depends on what you need to do: