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If what we've seen about the PS3 has been actual true to life gameplay footage, then Microsoft is screwed no matter what.
Sony has the developer support, they'll have the hardware advantage, and a rediculous fan base. If the PS3 does not have any huge launch titles, then Halo 3 will grab the media attention for a while. Gates will be happy, but in the end he's going to have to bend over and take it from the video game king.
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One day an Englishman, a Scotsman, and an Irishman walked into a pub together. They each bought a pint of Guinness. Just as they were about to enjoy their creamy beverage, three flies landed in each of their pints. The Englishman pushed his beer away in disgust. The Scotsman fished the fly out of his beer and continued drinking it, as if nothing had happened. The Irishman, too, picked the fly out of his drink but then held it out over the beer and yelled "SPIT IT OUT, SPIT IT OUT, YOU BASTARD!"
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