The PlayStation 3 had quite a year this year - just, not quite as good as analysts thought. "The Year of the PlayStation 3," one analyst says, "will now be 2009." Either analysts overestimated Sony, or they underestimated Microsoft.

Analyst Richard Cooper projects that the stalemate between HD-DVD and Blu-ray will also end next year. One factor that could eventually tip the scales is a key player in the industry making an alliance to one format. Unfortunately, Cooper didn't give any specific name as to which studio that could be, however, his full assessment on the matter could shed light on this predicament. Read more for Cooper's full quote.

If you're done debating about the future of consoles being either based on motion-sensing or high def, analyst Piers Harding-Rolls has something new to bring attention to. He believes that the major deciding factor will be the ability of a console to be a mutli-media entertainment set-top box. He points out that the PS3 might make its comeback by 2008, especially since Sony is promising support for multi-media. If Harding-Rolls is right in this, then Sony's "PS3 is more than just a games console" adage fits to a Tee. Read more for his forecasts.