To Mii, it seems like Sony's Home is an MMO-style approach to achievements. Except it seems like it's a waste of time. I bet the only thing Microsoft will do is connect with whoever owns Second Life, and extend it to the 360.
Mii's are a fun little diversion, allowing people to make caricatures of themselves and others, and then, in return, these guys pop up in games and will be used for beauty contests. It's quick and easy to make someone, and everyone enjoys looking at them, because it is a caricature. With home, you dress a person and decorate a room. Sounds like a boring mix between an MMORPG and Animal Crossing, only with minimal content. On top of that, it seems to be a quick way to try to make a buck, with the purchasable everythings they'll have there. Nintendo would have probably turned this down because it isn't really that appealing, and for those who it does appeal to, they can play WWE RAW! or something where you can customize a real-looking wrestler like yourself. Seriously, this Home stuff looks boring and stupid.
I am curious as to how those who like MMO's think about Home. Does it interest you more than it interests me?
Edit: I just watched the trailer Sony gave. They mentioned buying clothes from the store, downloading furniture from the store, downloading movies from the store, and then talked about how it had unique ways to talk using emotes.
It also seems to have had billiards, bowling, and an arcade with simple-looking games.
So let's re-cap. You get to play Bowling, you get to play billiards, you get to play some cheapish arcade games made solely so they can talk about the feature, and you get to talk to people, like Live, only now you do it in a virtual lobby. Additionally, you can also get a room to "invite people into," and let them listen to music or watch video on a private screen. Sounds more like an expensive Myspace than an MMOG, now. If I wanted Myspace, I'd go to Myspace for free, and probably would end up seeing just as many adds. That's right, Sony is going to put advertisements into the thing also.
So is anyone actually excited about this, or did Sony decide to start giving the media money hats? I mean, I saw GameSpot's review of the Sony conference, and although Sony said nothing interesting, they seemed to be talking about how it was a whole new Sony, or rather, the old Sony, which, to me, it seemed like it was the same Sony we'd been seeing, just w/o the giant crabs.