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Will this allow you to watch movies and share pictures similar to what MS if offering in the fall? If it can do that then it would be prety cool but if it is mainly to chat and to look at the world then is just second life with PS3 integration. In the end I doubt many people will really take advantage of this at least not right now which is why I believe SONY is delaying it as it won't be embraced by most gamers.

Also will you be able to use your avatar similar to the mii's and I think MS is planning the same with their avatars though only E rated games currently. That would be a nice addition to Home as well. Instead of creating a new character for a game you already have it done from Home and can imported etc.

I am curious if anyone has a list of the feautres so far for home though I know it will have trophies and special rooms for some games and I am assuming lots of decorating and chatting.