During Sony’s Gamer’s Day event, IGN was able to take some time and drill down into the features implemented in the Playstation 3’s version of the XMB menu system. IGN examined the User, Photo, Music, Video, Games, Network, and Friends. Some of the interesting things that Sony has implemented on the Playstation 3 include media streaming; according to IGN, the Playstation 3 will support streaming of various media types. Sony demonstrated live streaming of a movie playing on the Playstation 3 to an online connected PSP. Apparently all media types will support streaming, and eventually users will be able to view media stored on their Playstation 3 from anywhere on the Internet. The Playstation 3 will also support MP4 format videos up to 1080p.

IGN was able to touch on backward-compatibility; no Playstation 1 or 2 games were shown running, but Sony did mention that no upscaling or enhancement would take place. In addition, downloadable Playstation 1 games would not initially be supported on the PS3, but will be playable on the PSP. Overall, it seems like Sony has taken the feature set of the PSP and refined and expanded it for the capabilities of the Playstation 3.