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"One important feature that Xbox Live has over Sony's PlayStation Network is the ability for gamers to be in a chat with up to eight friends no matter what game their friends are playing.The PlayStation Network doesn't even offer multiple person private chats or chatting with friends playing a different game. If you want to talk to a group of friends you have to all join the same multiplayer game, all be on the same team, and all own microphones (which is another issue)."

"One little known benefit of having gamers pay for Xbox Live is that the developers don't need to. On the Playstation Network, developers have to pay for their game's online features while on Xbox Live the subscription fees pay for that."

"I have also heard that
PlayStation Network frequently has large amounts of lag and disconnections when compared to Xbox Live."

"On the PlayStation Network hackers and cheaters just have to create a new account and they can continue cheating to their heart's content."