@Steve nailed on the head.
PS3 has the hardware longivety advantage but in gaming you need software to be succesfull and guess what Microsoft has.
But it looks like it's only a matter of time, the problem about making a Me Too console is that your splitting your possible earnings which is a double edge sword, they are fighting tooth and nail.
At this poin they may seal thier own coffin as I'm sure gamers on the Sony platform will witness a nice suprise by 2010, which may be a bad business move by Sony as it could hurt thier image with 3rd parties, however 3rd parties like Capcom are the true bad guys in this.
I'm Unamerica and you can too.
The Official Huge Monster Hunter Thread: