Yeah, HD-DVD has nothing on Blu-ray. And the BD player in the PS3 is better than the 1000$ standalone ones. The only thing they had on the PS3 was 1080P/24, but the PS3 now has that as well. It also has the superior HDMI version for the TVS and projectors that are coming out now that support the extra bit depth. As for the VC-1 codec....some BDs use it now as well. I think its a given that BD has already won the format war. Having Disney as an exclusive only makes it worse for HD-DVD as there software line-up is huge and appeals to the soccer moms. As for the PS3 being under-rated.....it is without a doubt. The ability to access it from anywhere via PSP is huge in my opinion. Its basicaly a location free player as well as a game console, media server and BD player. You can access all your videos, music, pics etc from your PC without paying extra. The online is free, and the features you get over even the Extreme 360 make it a steal. You can do so much more with your PS3 than any other console and you dont have to be at home to use it. The games that have come out already are good games, some better than others, but look at the launch games for the 360....they sucked far worse than any of the PS3 launch games have. Sure the 360 games have gotten better as will the PS3 games. As for the GPU being better on the 360....it may be. But Nvidia had gone down the unified shader path before, so ATI wasnt the first. People keep forgetting that the GPU is not the graphics work horse in the PS3, it is there to assist the CELL. So it doesnt need to be an amazing chip. The 360 and the PS3 are both very different in how they work. The 360 relies very heavily on the GPU so they needed it to be what it is.