To play devil's advocate here, let's examine the reasoning.
The PS3 ($599 USD) will incorporate Blu-ray HD-DVD, a 60 gig hard drive, compact memory stick slot, built-in wifi capabilities, HDMI output, along with the regular stuff.
Alright, let's take a look. Blu-ray drive? Sure, I can understand the need for that. The amount of media space games take up has increased tenfold over the course of the last generation. I see no reason to expect that to let up. The memory stick slot I don't see as a big plus. They already incorporate a hard drive. By the way, I imagine few people will succeed in filling their 60 gb hard drive to capacity. The 360 ships with a 20 gb hard drive, which has more than enough space for game demos and saves. Unless people put
enormous music libraries or start storing video files an extra 40 gb isn't going to matter all that much. Wi-fi? Depends on your current networking setup. HDMI is pretty much expected nowadays.
Price wise, it makes sense. In less than 5 years, HDTVs will be the norm (480p or higher definition) and to upgrade everything else (360 will already come with Component cables, Wii will have composite) to a wireless entertainment system will cost a bit of money.
Mmm, it will be cost-effective if you need to have all those things. Let's take a look.
You buy a 360 for 399, get a wifi adapter for 100
If you need a wi-fi adapter. For those who have a wired networking setup already, one more cord in the back of your PS3 won't really matter in the long run.
and 200 for a HD-DVD player that only reads HD DVDs.
Only reads HD-DVDs? What does it matter as long as 360 games are made on HD-DVDs? It's not like you won't be able to play some games. The only roadblock you might hit is trying to play other next-gen media (movies, for instance) on your 360, but since we have no idea which media type (Blu-Ray or HD-DVD) will come out on top it's not really worth comparing at this point. I could just as easily tell you that the PS3 "only" reads Blu-Ray discs.
You'll still play games on the standard DVD-9 format (18 gigs tops for space).
Unless they start producing games requiring the HD-DVD upgrade.
On top of that, for the wirless controller, another 20 bucks for this, 30 bucks for that, it can add up.
The Premium 360 (the one priced at $399 as you referenced above) ships with a wireless controller.
Out of the box with a PS3 you get all those things.
For a $200 premium.
Free internet capabilities to the Playstation Network, 1080p capable system that will enable you to play PSone and PS2 games.
The 360 has X-Box Live, which is by far (and inarguably) the most robust online console service to date. Yes, you have to pay for it, but you get what you pay for. And bear in mind that the 360 has emulation software that allows the vast majority of X-Box titles to play in the 360.
A controller setup that is all too familiar with 6 degrees of rotation and manipulation.
Controller familiarity usually isn't a huge selling point. The 360's controller is one of the best to date, pretty much everyone acknowledges. It does lack motion sensing technology, though.
With its Cell processor and RSX graphics card, the visuals are absolutely stunning (see the latest MGS4 trailer for more details) and can create lush worlds and tougher AI (assuming developers will spend more time in AI development).
I will grant you this. The PS3 is certainly capable of pushing its hardware further than the 360 can go.
Great games will be present on the PS3. God of War 3, Gran Turismo 5, Metal Gear Solid 4, FF13, the list can go on.
Yes, the PS3 has fantastic franchises. The 360 doesn't lack in that department, though. Bungie's products alone can keep that console afloat. Furthermore, Square-Enix announced (rather cryptically) recently that they won't be supporting the PS3 "too much". What that means remains to be seen.
New franchises and property will appear on the PS3, as any other system would have as well. But its the quality of first party games (SCEA, SCEI) that I want. Its the thought and effort of Square Enix and other publishers that will drive this system.
You'd better be prepared to deal with Square-Enix releasing flagship titles on other consoles, then (especially the Wii).
But the system isn't just a gaming console anymore. Its an entertainment center with Linux built into the box as its operating system. You know code? You can develop your own games through the PS3 (research pending to when I have time to look through this).
I imagine the number of people who will end up taking advantage of that will be minimal.
Some say Sony is resting on its laurels this time around. I say Sony is making a strive to bring us closer to the future of entertainment.
We'll see. Sony certainly
has been resting on its laurels. Its showing at this year's E3 can be described as nothing but dismal. They
need to announce a killer app for their console to do will this generation. Whether or not they've got one on the table and what it is remains to be seen.