Format Wars

Warner Brothers has opted for BluRay, the Sony HD format for its products. With the 800 pound gorilla on Sony's side, the format war is all but over. I'd look for PS3 sales to go up sharply.

Great game system, BluRay player, fully networkable to download firmware updates? Yes please.

Combine this news with the recent price drop of the PS3, and some execs at Sony are probably sleeping much better.