Global lounges allow you to chat and interface with others  (Source: SCEE)
PlayStation Home gets pushed back from October to unspecified time in spring

While the Sony-oriented keynote at the Tokyo Game Show held mostly positive words with the announcement of the DualShock 3 and new PSP Remote Play features, one piece of disappointment for those PS3 gamers wanting a different online experience is that PlayStation Home will be delayed until spring 2008.
Hirai apologized to the crowd for the delay and said the reason for the added wait is the makers of Home wanted more time to further develop the user interface.

The delay may not be a big surprise, as an anonymous report from a PlayStation Home beta tester indicated that several features were behind schedule. According to the report, published late August, none of the features promised during E3 were ready for the beta.
PlayStation Home was first unveiled at the Games Developer Conference during March. The service is currently operating in a closed beta and was originally slated for launch this October.
Under development by Sony Computer Entertainment Europe, PlayStation Home is thought to be Sony’s answer to Microsoft's Xbox Live service. While the current PlayStation Network and PlayStation Store offer gamers friend lists, a place to download demos and ways to purchase additional downloadable content, PlayStation Home will add community features such content sharing and game trophies.

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