I'm LOLing at this thread.
Some people have some very interesting view points and wild information sources.
Unless you are going to have thousands of nanomachines injected into your eyeballs to enhance your vision you will not be able to notice the difference in the graphical power of either machine. 1080p versus 1080i, come on, does anyone even actually own a 1080i TV yet?
One things for sure you can bet your goddamn arse that you won't be able to actually buy a PS3 in the uk for £425 at least until the middle of 2007, the machines available at launch will be "bundled" with games by retailers (probably titles you don't particularly want to buy).
MS have been fairly clever in avoiding the Blueray vs HD-DVD war by opting for an external drive, that way they can quietly release a Blueray version if HD-DVD gets pasted. Sony on the other hand have pretty much staked it all on them winning the format war (of which admittedly they have a fairly good chance). The only problem I can see is do consumers really want a new format? I can go out a pretty much buy any DVD I want for under £10 do I really want to have to fork out £30 for the latest Blueray release? Or am I happy with the quality of my DVD collection which I have spent the last few years building up? You guys guess.
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