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Gamespot has an article on the PS3 features.
PlayStation Network Platform
Sony only touched briefly on its online service for the PS3 at last year's E3, namely, that they're working on it, and that it will have "content, community, communication, and commerce." In March, Ken Kutaragi detailed more information about the service during Sony's PlayStation Business Briefing in Japan. Sony is working with its Sony Online Entertainment arm on the project. SOE currently manages Sony's EverQuest, Star Wars Galaxies, and PlanetSide MMO game franchises. The service doesn't have a marketing-approved name yet, but it's being called the PlayStation Network platform internally.
The network will be similar to Microsoft's Xbox Live service and will provide community features such as personal login accounts, friends lists, avatars, matchmaking, and communication options, including instant messaging, as well as voice and video chat. The free basic service will include community features and online multiplayer gameplay. Xbox Live Silver, Microsoft's free basic service, provides community options, too, but Silver-level subscribers can only play massively multiplayer games online. Players must upgrade to a paid Xbox Live Gold service subscription to access online multiplayer gameplay for non-MMO games.
Sony's service will also offer Xbox Marketplace-like download functionality, and developers will be able to integrate shops directly into games, letting players buy items from within the game experience. Sony hasn't confirmed whether or not games will be available for download, but there won't be any hardware hurdles, as the PS3 will be able to play games directly from the system's hard-disk drive. In addition to microtransactions, Sony has suggested that the commerce service can also handle subscriptions. Sony plans to let game developers connect and run their own game servers on the network. Letting game companies charge subscription fees could help defray the cost of maintaining servers.
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