I have a 4 year old P4 collecting dust, I may as well make use of it. And it will be more than adequate. Please specify what 'software' and 'specifications' you're referring to because the main requirement is a hardware one, which we've covered. No point in trying to cloak your argument in a myriad of words when all you're really saying is nothing.
Why don't you rather come back and comment when you actually have your PS3 because at the moment you're just sounding like a wannabe PS3 fanboy, which is even worse.
Why you guys always get upset when facts is posted?
Lets just refresh again. This information is still 100% valid
Then you have the other media formats. XBOX 360 was only ever meant to be an ‘Multimedia Extender’. In other words, it was expected that by this time, most people would have a PC dedicated to hosting multimedia using either Windows Media Center or Vista Home. The 360 would pull the files off this dedicated media PC over the network. Therefore, the 360’s multimedia capabilities are actually quite poor. It supports MPEG-2, MPEG-4, and MPEG-4 AVC (h.264), but only in the WMV, MOV, and TS container formats. It supports DLNA, so is able to discover files on DLNA software like Windows Vista.
Playstation 3 was intended to be an all-in-one media center, and the design shows. At first, it did not support DLNA, but we broke the story when DLNA-supporting firmware was released, allowing multimedia to be streamed from Vista to the Playstation 3. All the major codecs are supported by Playstation 3; MPEG-1, MPEG-2, Motion JPEG (commonly found with digital cameras) through AVI, MOV, MP4, and TS container formats. It will even play AVCHD files directly (M2TS files - the same format Blu-Ray uses).
MP4 support is seen as the future of video, and the PS3 has very good support of this. It supports MPEG-4 AAC audio, MPEG-4 Simple Profile video, as well as Main and High profile (also known as h.264). In a big story last week, it was announced that the PS3 would soon be supporting the DivX codec, through the AVI file container. This will be the first time a non-modified console supports this highly popular format. Here’s hoping for MKV h.264 support!
Audio playback is close, with the PS3 having the minor advantage of supporting SACD, although this is no longer supported with the 40GB version. It’s been sad to see Sony drop many of the advantages they held over the 360 in the past year. Playstation 3 will always be better as a standalone music player since it doesn’t sound like a jet engine, but the 360 has the great advantage of being able to access music from within any game.