One good reason why Microsoft should worry about PS3 (Playstation Network Killer of X

[Tie Wrap]

Sony's PS3 is gearing up and preparing all ammunition in a battle with Microsoft well known Xbox 360. In deed, Sony's PS3 is ready to engaged in a war with Microsoft Xbox on November. A few months from now, a lot gamers are excited and anxious about the turn out of this major breakthrough from Sony.
Will Microsoft Xbox360 be on top after the entry of Sony's PS3. PS3 as we all knew will make its debut on November geared with its Playstation Network - PSN is an online service of Sony's PS3 which will offer owners some free gaming at the basic subscription level and allow members to host their own game servers (WOW). Sony's hopes lie in the "more games, pay less" strategy which will help catch up with Xbox Live. Aside from the free game playing, the PSN buffet will include voice/video chat, messaging, matchmaking, ranking, game data uploading/downloading, shopping, content downloading, micro payments and subscriptions. Awesome! Surely Sony's PS3 will be a counterstrike to Xbox Live.
Microsoft on the other hand says that they are not alarmed with Sony's PS3. Im pretty sure, that Microsoft will not go in battle without a fight.

Will Sony's PS3 beat Microsoft Xbox? PSN or Xbox Live?
Let your voice be heard post your bright opinions here.