It has no motion control (cf Wii / PS3), no Bluray (cf PS3). It does have Live, but it's not free and it's not always better even than PSN (cf big online games with 32-40 players like Resistance and Warhawk). (No Browser either, though at this stage probably not that important.) No HDD as default either. These things aren't going to hurt in the beginning, but they will start hurting more and more.
And how is that? You could argue that PS3's limited waggle options are going to hurt PS3 more and more. You could argue that no DVD playback in Wii is going to hurt it more and more. You could argue that the fact that you succesfully connect with a server in Warhawk 1 time every 10 times you try to is going to hurt PS3 more and more. And so on and so on. Why do you artificially
create issues with 360?
I'm just kidding - but it was interesting to see that the Amiga overtook the Atari ST fairly late in its cycle (was it the 4th year?), but then kept on going for several years still. It's just one example of why I strongly disagree with Joshua. A console can do very well initially, but then it can just stop selling.
Or a console can do very badly initially, like selling under 100k on the biggest market 3 months in a row and then stop selling? You are out your mind if you really believe that people at Nintendo and Microsoft would let their momentum disappear just like that - the momentum they have been working really hard to gain.
The PS3 has a lot of things going for it, not in the least compatibility with all the previous Playstations, compatibility with all kinds of movie format(????), Browser, Motion Control, BluRay, HDD by default, and some awesome games coming up spanning a vast range of different genres and many with very established names.
You can't even watch a divx video on your PS3 (not to mention HDDVD). Stop making up PS3 advantages.
The Wii has a lot of things going for it, not in the least compatibility with Gamecube, Wii Channel, Browser, not crippled Motion Control, Rumble, flesh memory by default,Virtual Console which has incredible amount of classic games, and some awesome games coming up spanning a vast range of different genres and many with very established names, including the biggest franchises on the planet such as Pokemon, Super Mario, Smash Bros.
The 360 has a lot of things going for it, not in the least compatibility with Xbox, DVD, wmv and h264 support, Rumble, Video Marketplace, Live Arcade with a new release every week, and some awesome games coming up spanning a vast range of different genres and many with very established names and IPTV coming soon.
These consoles are on different timelines. And I'll be so bold as to say that the closer the consoles get to each other in price, the better things will look for the PS3. Under the current circumstances, time is on the PS3's side. The 360 needs to distance itself a lot further from the PS3 right now, because once both consoles get under 299, price will no longer be relevant among them.
Price will definitely be revelant then, even moreso then ever. Microsoft had to immediately counteract every PS2 pricedrop at the time and they were both way beneath $300 pricepoint. $199->$169 price cut immensely helped PSP sales, $149->$129 caused massive spike in NintendoDS and PS2 sales.