What does the doom and the gloom actually do to you? If it has any real negative effect on you, I would avoid the PS3. It's pretty heavy with the doom and gloom. If you want to be on the right side of hype, you should really be looking into the Wii.
I am luckily immune to doom and gloom, bad mojo, and media backlash. I like my PS3 alot.
Simply put, $399 is alot better to swallow than $599. To spend that kind of money at even $399 on something that has a even slight chance of not turning out to be anything is a big put off. Knowing that this has happened to other systems in the past, "DREAMCAST" & "NeoGeo" come to mind. You spend all that money and it blunders for what ever reason at the time. It Just does not look good enough for me to make that sort of "investment" if you will. Mind you investing in "FUN type activities" you do look for the biggest bang for your buck, the PS3 has to much buck and not enough bang, been that way since it's release. And no I don't like the wii either!, the graphics are not there for me.