Well it looks like MS is talking about this somewhat:
http://kotaku.com/5681521/microsoft-says-kinect-wont-invade-your-privacy
Microsoft's new Kinect device will put an advanced sensor array in the living room of millions of people, an Internet-connected set of machine ears and eyes capable of capturing voice, recognizing faces and tracking body movement.
Don't worry, the company says, we won't peep.
"By default we don't listen or look at anything," MIcrosoft's director of the Kinect technology, Alex Kipman, told Kotaku in a recent interview. "No data is ever sent back to Microsoft. Period. Full stop."
starcraft: "I and every PS3 fanboy alive are waiting for Versus more than FFXIII.
Me since the games were revealed, the fanboys since E3." 
Skeeuk: "playstation 3 is the ultimate in gaming acceleration"
