My takes on the whole PS3 deal.
First, I think Sony was too high in the clouds with the entire Blu-Ray thing. Is blu-ray really nessisary? Maybe, maybe not. Do we really need 25gigs (or whatever the size is) for gaming at this current stage? Perhaps not.
That is, unless Sony is going to bring vanguard to the PS3. It weighs in on a computer HD at a whopping 20some gigs.
Also, I cant remember where I heard this from but both the 360 and the PS3 have only 512 main system memory to cope with. I dunno all the other specs like if its shared or not, but with that little memory, it would be rather hard trying to load super high end quality stuff in to either memory. The fact that the GoW is slow paced makes it far easier to pre-stream stuff off a DVD makes it far easier to do than fast action games. Even if the 360 had HD-DVD built in, it would most likely arrive to a similar problem, having a game take up a corner of space on a High def content media or running into issues trying to load a lot of super high def without slideshowing.
So, pretty much id agree with Wombat. Blu-ray as an optional media drive to the PS3 would the PS3 a very good deal against the 360.
Also, I think Sony is advertising the system a bit wrong, much like the PSP. (I think this came up in both this podcast and previous podcasts). Its being touted as a media player that plays games, where the PS2 was the other way around: A game center that also played DVDs. I also think that the floating PS3 commercials are rather cool, but they dont deliver much on what it is. An average joe would have no clue on what the PS3 is supposed to do. So, to me personally, there is more interest in getting a PS3 for movies than for gaming. It is cheaper than the cheapest Blu-Ray player.
Also, some interview in Game Informer with some designer guy brings up an interesting minor point with the PS3, the odd shape akes it look impressive but not as easy to accomidate to a current media system a person might have set up.
As for virtual Console... I think if they reduced the price by 200 wii Points id think the worth of buying is much nicer. Or maybe a montly rental cost like Gametap, where I can play most of thoe games for $10 plus some
Oh, since my PSP is lying around doing nothing for the past few months, i go for killzone! Rar