Sony's Xbox Live
"Communication/Community:
Voice/Video chat
Messaging
Lobby/Matchmaking
Score/Ranking
Friend list/Avatar
Game data upload/download
Commerce:
Shop (accessible from inside games)
Content Download
Micro Payment
Subscription
Entitlement (user access rights) management
Account:
User Registration
Login ID/Handling of name issues"
So that pretty much covers it. As of now it's simply called "The Playstation Network Platform". It'll be coming to your city the same day as the PS3, with free "basic service", whatever that means. We'll keep you updated on this one.
[Via IGN]
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