In its infancy, PlayStation Network began as a free service to gamers offering an online commerce option for games and game content. Today, it offers an unrivaled social networking experience in PlayStation Home, a robust video delivery service for purchasing and renting SD and HD content from every major studio, social networking applications like Facebook, instant streaming content from Netflix, and a rich selection of more than 450 games for PS3 and PSP…oh, and yes, it’s still free.

Momentum is going strong and signs are only pointing up for us. In October, we saw a 70 percent increase in PS3 sales over last October. This was fueled by a marketing campaign that many of you have commented on, but also by a new slimmer and lighter form factor with a larger hard-drive for $100 less. We’re seeing hundreds of thousands of you joining the PlayStation family every day, and we welcome you to check out all of the amazing things that PlayStation has to offer.

We are really hitting our stride here and with how far you’ve seen us come in three short years, imagine how far we’ll go with the next three. It all starts with this holiday and blockbusters like UNCHARTED 2 and Ratchet & Clank, and only gets better in Q1 with MAG, Heavy Rain and God of War III.

Really, what I’m here to say is, thanks for all of your support. Without your enthusiasm and feedback, PS3 wouldn’t be what it is today.