Listen to Gabe Newell, valve big-shot, and his views:
http://valve.1up.com/flat/Themeweek/Valve/video5.html
I actually laughed and spit out my coffee when he compared PS3 to the Sega Saturn. I thought that was a good comparison :P
haven't watched the video but I have seen some comments.
I love how he talks about the platform locking in developers, using up development money for only one platform and how the design does nothing to help developers with existing problems.
...he sure has a lot to say for a billionaire :P I recall that he was uber filthy rich even before half-life as he was near a founding father at Microsoft.