One of the thing that is hurting Microsoft in my view too is they are starting to lack hype for future titles.
They still have a very good list of games coming this year but there isn't much visibility for the years after.(or if there are big titles announced for 2009 I haven't heard of them..)
On the PS3 side the fact that major titles haven't come out yet did hurt the PS3 at the beginning but now that the console is starting to sell people can look forward to the future and know that some of the biggest titles are yet to come ( FF, GT5, GoW, and a slouch of others Sony owned IP which while not being so big should still satisfy their fans ( Getaway, Shadow of the Colossus,...)
So what PS3 buyers see is that they will be supported well in the next years, Microsoft has however failed in my view to deliver such a message ( and the occasional rumors about an Xbox720 in 2010 or so don't help their case at all).
PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !
PS3-Wii gap : 20 millions and going down !
