The point of home was to be a virtual hub for everything media, a 3D playstation/Xbox store.

The problem that happened during launch, it was completely baron aside from one store and a bowling alley.
It felt like a stripped down F2P MMO that you had to pay for your clothing and stand around all day.

Most game companies are learning to not release their product unfinished, it would have been nice to have all the things it was touted to have.

I would have loved their Theatre system, it was suppose to have all the movie previews of up coming games and movies, you were supposedly able to purchase a movie and get your own Theatre room that you could invite your friends to.

They were suppose to have huge arcade rooms where you could play mini games and major game titles together, it was suppose to be the area where you have games like COD, Unreal games, little big planet and other multiplayer games where you could just jump right in and play or spectate and after playing it would send you back to the arcade room where you could jump right into the next one.

Then theres the housing system..nothing was out for it at all, you couldn't buy new furniture, new wall paper, or even a new and bigger house.
You weren't even able to stream music from your HD onto your stereo, nor play movies on the TV from your HD.

TLDR; It wasn't finished on release.

Oh well, I still enjoy all three of my gaming systems, each ones have their benefits.