PS3 Slim Could Have Been Smaller, Used Network Storage

[jneul]

It is basically a way of being able to access software, games, and applications without the need for a powerful hardware device.
The only problem i can see with it is that all your personal data will be stored on a server somewhere, including your files, games and applications, PS Cloud will start off with offering small things but eventually everything (if successful) will go through it, there you go 1 multipurpose solution for all.