The PlayStation 3 analyst hate train just keeps on rolling with research analyst Michael Comeau's latest piece. It's the typical fare, dogging Sony for their pricey inclusion of the PS3's Blu-ray drive and taking Sony to task for losing precious third-party exclusives (including the former time-exclusive Grand Theft Auto) like Guitar Hero and Virtua Fighter 5.

But Comeau's warning that Sony will lose market share combined with the fact that the PlayStation business has "provided more than 60% of Sony's operating profit despite hovering around 10% of overall Sony revenue" should give shareholders and Sony cause for concern.

Kotaku has a great piece up looking at trends over time in the PS3 grey market.

Michael Fahey has been tracking the falling prices for Sony's new console, via sales on eBay and other markets. He called around to stores as well, getting a feel for the number of returns and current availability of the console.

His conclusions:
"As it turns out my gamer instincts and the threat of hordes of angry readers steered me clear of potential disaster. Aside from a couple brief spikes, there is no way I'd have been able to pull off the television, and I know damn well I would have waited for Christmas like so many others did, only to lose even more. There's no such creature as a sure thing. The majority of eBay prospectors walked away from this experience with that lesson burned into the back of their brains. My suggestion for the future? If you want to gamble, go to Vegas. If you want to invest, try mutual funds. Leave the video game system buying to the gamers. We'll all be happier for it."

"Console launch years only come around twice a decade or so, and they're always guaranteed to be exciting years. The 360 matured dramatically since this time last year and its second-generation titles like Gears of War and CoD3 made the PlayStation 3's job of shocking the world with its immense power rather difficult.

Nintendo's Wii launched to massive mainstream applause and a lot of hope has been placed in the potential for gaming innovation via the console's unique controller. Nintendo disappointed some, however, by choosing not embrace HDTV or to compete with Sony and Microsoft in processing power. The Wii can't even play normal DVDs.

Judging the consoles based upon a broad perspective that includes software now available and coming in the future an entirely different argument could be formulated. However, from a hardware perspective, the PS3 is by far the more interesting console. Though the launch software hasn't blown anyone away, the 360's launch titles were equally unimpressive, and the system will certainly mature. Sony's embrace of the PS3 as a computer rather than just a console, and the availability of supported Linux distributions for the console will also develop and will likely bear entirely unexpected fruit in future.

Runner-Up:
Nintendo Wii"

PLAYSTATION 3

Key Features of the Blu-ray Disc

Here is what the Blu-ray brings you.

• High-Definition
  Vast storage capacity (50 GB BD vs. 5 GB DVD) supports the large data requirements of high-definition games and movies*.

• Pristine Picture Quality
  Pristine picture quality at 1080p – the highest-definition resolution available today.

• Theater-quality Audio
  Audio that redefines “life-like” with 7.1 channel surround sound and true lossless audio. This theater-quality "uncompressed" audio supports 8 channels of Liner PCM and up to 32 audio streams.

• Home Entertainment Content
  Delivers a broad range of home entertainment content – seven of the eight major movie studios have already announced titles for Blu-ray, including Warner, Paramount, Fox, Disney, Sony, MGM and Lionsgate.

• Recordable Media
  Blu-ray offers a recordable format with unsurpassed storage capacity to store your digital world: photographs, home videos, music libraries and data, as well as games and movies.

• Maximum Bit Rate
  With the overwhelming computational power of its Cell Broadband Engine™ processor, PLAYSTATION®3 is capable of playing back with ease content from BD at a bit rate of multiplex 48Mbps, the maximum bit rate defined in BD standards.

• Industry Support
  Supported by more than 170 of the world’s leading consumer electronics, personal computer and media manufacturers including Apple, Dell, Hitachi, Hewlett-Packard, JVC, LG, Mitsubishi, Panasonic, Pioneer, Philips, Samsung, Sharp, Sony, TDK and Thomson – Blu-ray has the broadest industry support for any disc format ever launched.

Key Features of the SIXAXIS™ wireless controller

Enjoy the incredible features made possible with the SIXAXIS controller.

• Motion Sensing System
  Breakthrough technology and highly sensitive motion sensing system, the controller becomes a natural extension of the user’s body motion.

• Bluetooth
  Bluetooth for wireless gameplay (the PLAYSTATION®3 system can support up to seven wireless controllers at one time).

• Wireless or Wired
  The SIXAXIS™ controller can be easily switched from wireless to wired.

• Analog Joy Sticks
  The tilting angle of the analog joy sticks have been slightly broadened to enable more delicate and dynamic manipulation.

• L2/R2 Buttons
  The shape of the L2/R2 buttons has been altered, enabling increased travel and precision for more subtle control in games.

• USB Charging
  Plug into a USB cable and automatically charge the controller through the system at any time. (Use any of the four USB connectors on the PLAYSTATION®3.)

• Ease of Installation
  Easy to set up and compatible with today’s monitors and televisions.

Last nite I completely remade the saved games interface! Thanks to ILoveGames we also now have a TON of saved games to choose from.

Take a look here and remember to tell me what you think. Hopefully this will be something that you can tell your friends about .

p.s – you xbox'rs its coming soon