I wouldnt expect anyone to really watch the whole thing but skip around a bit its quite interesting. 

this video is quite informative. I like the nearly 100% seamless transitions between walking and playing something.

Is this sound coming from the console? o_O

Anyways, on-topic, it does look interesting for a free software. Definitely reminds me "The Sims" series (character customization). I can't wait to see how the final product will look like and "interact" with the PS3 (in other games or something, a bit like the Miis?).

 it sounds like the guy has the volume pretty much completely down so you hear the controller clicks.
 

I saw the whole thing and I was already to hate it but it looks cool you could spend house just trying to get your pad right. I pretty sure after awhile those ads would get on my nerves but over all not bad at all

Looks very interesting...

Wow, im very impressed with it. I know its the sort of thing id spend ages sorting out my home and things like that. Be nice to see how well the character interaction works, but im quite excited for home.

could anybody give a review of the features shown?

Well, I guess it will help fill the void between good games for those who don't own a 360/Wii in addition to their PS3. Personally, I'll never reach a boredom level required for me to get involved in Home.

Oh dear it's based on the worst video game in history...THE SIMS!