Many gamers are anticipating the launch of the PS3 Home very soon. There is even a rumor going around that it will launch December 17th. The PS3 Home has been hailed as the ultimate Xbox Live killer and XMB replacement. However, many will be disappointed as Home neither competes directly with the NXE nor replaces the XMB.
The XMB (cross media bar) is the basic interface on the PS3, PSP and several other Sony devices. The XMB is quite sufficient; even the New Xbox Experience copies the layout of it, because it is probably the most efficient way of organizing multiple media functions such as music, videos and games.