Some thoughts..
I guess for me it's because it's really 'just' going to be another '360 at a higher price, very late to market and without too many exclusive AAA titles.
I agree - the Sony sheep will buy it no matter what. It could cost 3 times as much as a '360 and have rubbish games - it's still a playstation.
...and here I don't quite see it that way - if a '360 plays your game of choice at half the outlay and _better_ than a PS3 then..
Problem for Sony is having enough exclusives - MS have worked hard at reducing those PS3 exclusives and have spent a lot of time building up their game studios in recent years. Yes it all about the games but it's also about the _package_ - XBOX live and (now) IPTV too? Those are some neat incentives.
I (think) he meant that once you push big resolutions CPU power means nothing - the PS3 could have twice the CPU horsepower but it'd mean nothing in terms of driving the graphics faster. Of course physics and AI need CPU but again I think the '360 has 'enough' processors to cope for it's lifetime.
Very zen - but really I think it's down the to perception of arrogance from Sony (they do themselves no favours now do they?) and the long delays (esp. in Europe) making people question the wisdom of the mighty Sony. Remember I agreed with your statement that it'll do amazingly well above - but I don't think that's particularly good news for us consumers as Sony really could do with a whack over the head thesedays