What matters more then any of this is dropping the direct X architecture from games. If Open GL can make a comeback with 3.0 we'll all see a HUGE improvement in what PC games can do (as a bonus EVERY OS, console and handheld not made by microsoft uses a form of Open GL so if Direct X was dropped it would make things far easier for all developers).
I don't see Sony taking this deal since a future version of the cell should work well GPU free given the very high potential for its architecture. MS might, but that would probably make them as hard or harder to design for then the PS3 removing one of its only advantages.
Down with Direct X though, its the scourge of PC gaming.
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