Mart...
The core is there. Have you played a PS3 game online yet? Aside from a couple features unique to live, it is the same. You get a great experience for free. Like I have said in previous post, there isn't any lag and most of the same features are there. I remember the issue with multiple buddy list. I have warhawk, resistance and motorstorm. All of which use the same master list. So, there isn't a problem.
I think that Sony didn't "get" it at first when it came to Live. They aren't as experienced as MS in regards to online. I do think that Home will have these "missing" features and a lot more added. It was supposed to be out right now. But it is a huge undertaking to get it off the ground. So, I am making an educated guess that 2.0 was supposed to have home and all these features, but they needed more time to get it right.
I hope that your memory hasn't failed you in that Live wasn't the same when it came out. It has evolved greatly.
Anyway, by the time you get over yourself and get the PS3 you won't have any of these issues.
Edit:
Like I was saying, they are still working on it.
"That's all the updates found in PS3 firmware 2.00, which will be available tomorrow. When speaking with SCEA representatives, we found out that in-game XMB support is still in the works, and that additional video support is "almost definitely" happening."
Seeing that it is still in the works, I would say that it will be with home in the spring.
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