From xbox360fanboy.com:
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The latest analytical blatherskite holds that the Playstation 3 will have won the console war by 2012. Specifically, according to CNET, IDC analyst Billy Pidgeon claims that by 2012 the PS3 will have moved a whopping 107 million units. The Xbox 360? By 2012, Pidgeon predicts Microsoft will have sold just over 40 million units. In other words, the PS3 will grow exponentially year over year, whereas the 360 will grow at a much more tepid pace.

The reason: market perception. Analyst extraordinaire Michael Pachter gave his two cents, noting that Microsoft has "an image issue." Essentially, the 360, according to Pachter, is perceived as a console for hardcore gamers only, whereas the PS3 (and more specifically Sony) is perceived as family friendly.
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From next-gen.biz:
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Wedbush Morgan analyst Michael Pachter expects both the Xbox 360 and PS3 to shed $50 for the holiday shopping season, according to reports on his speech at the Electronic Gaming Summit.

While Pachter is reported as expecting 19% industry growth in the US and 20% in Europe this year, that number will dip to 16% and 18% respectively in the following year unless each console drops another $100 off its price tag. Further price reductions would have to occur in 2010 to stop growth from declining to 10% and 7% in each respective market.
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From gamespot.com:
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Not content with prying open just the iPhone in its hunt for toxic components, Greenpeace has dismantled the three big game consoles to see what unpleasant materials they contain. The resulting report, "Playing Dirty," is out today. The upshot: The PS3, Xbox 360, and Wii didn't break any laws, but--as gamers will discover--they do contain dubious and arguably unnecessary chemicals.

The research reveals that the three consoles contain a mixture of polyvinyl chloride (PVC), phthalates, beryllium, and bromine. Bromine and beryllium are a health issue for workers mainly during disposal and recycling, while phthalates have the unwelcome honour of being linked to sexual reproduction problems--especially in male mammals. Not something that gaming geezers will want to hear.

PS3
* Contained some bromine-free circuit boards--the only console tested to receive that honour.
* However, it also had the highest level (13.8 percent) of bromine in a single component--the fan housing.
* Contained PVC, but not as much as the Xbox 360. The report points out the differences in PVC weren't huge.
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Full Story: gamespot.com
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From kotaku.com:
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Just like we thought! And once again confirming what we had hear before!! There will be more Metal Gear Solid -- though, not necessarily more SPOILER. According to Kojima Productions' Ryan Payton, who says (possible SPOILER):

"think there's been some misconceptions that this is the last Metal Gear. This is really just the last chapter of the saga of the Solid Snake story... "
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Full Story: kotaku.com
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From next-gen.biz:
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SCE Australia managing director Michael Ephraim says that the PlayStation 3 far outsold Microsoft's Xbox 360 in Australia during the first quarter of 2008.

Ephraim told PALGN that the PS3 outsold Xbox 360 by 45 percent in Australia during Q1 2008, and that he expects the console's domestic installed base to top that of Microsoft's 360 by the end of the year.
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Full Story: next-gen.biz
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From ps3hax.net:
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After a long time it finally seems that there might be a break through for the PS3 hacking scene. XVISTAMAN2005, has found a way to partially install a debug PS3 firmware on a retail PS3. Partially meaning that he has found a way to get a retail PS3 into debug mode, but currently the options are non functional.

So what is amazing about this? This gives PS3 hackers a huge new area to work with that was not previously available before, plus not to mention that devs already had a working ISO loader running on a full debug console (this method currently gives us a partial-debug console).
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