"Spending their RnD cash on almost pointless peripherals, when they could be spending it on the PS3 or making it cheaper is just stupid."
I thought this was for the PS3?
I for one think this is a fantastic idea. You all seem to be forgetting that a large amount of these consoles will end up in bedrooms where people don't generally have SKY or PVRs.
The idea that you can remotely access the program guide from the PSP over the Internet and set recording is also extremely useful.