Just as we reported before, Sony's just announced a personal video recorder (PVR) add-on system for the PlayStation 3 in European/PAL territories. Starting early 2008, the dual HDTV DVB-T tuner setup and the PVR will be available in the UK, France, Italy, Germany and Spain, and you will have the ability to store shows on your PS3, watch them via Remote Play on your PSP, and auto-choose between HD and SD depending on your hookup. No US launch is planned as of yet, but we'll update if there's more info. [SCEE - Image via Joystiq]
I prefer the 360 approach. Every 360 is a DVR right out of the box, if you Media Center on your PC. That means that I can watch all of my recorded shows from either of my 360's or my PC. All of my recorded content is now available to me on any TV in my house, not just the one that I recorded it on.