I was quite keen to try it out, but I haven’t enjoyed it so far.
I can’t elaborate as much as I’d like as I’m posting from work.

:-I

But on a community level, it has potental, alot of potental infact if done right.

So far, the glass is half full for Sony.

As to why it is boring, in my opinion obviously, there is hardly anything to do that justifies entering Home. If I want to chat with my friends I can do that from the through the XMB already. If I want to watch trailers I download them from the store and watch them full screen without having to wait for the Home, the Cinema and the specific room to be loaded separately.
The only thing that could tempt me to use Home is if they allow me to switch from game to game with the group I’m playing with, but I’d prefer if I didn’t have to load Home for that in the first place.
It’s sterile because from a few seeds there is nothing moving on the Plaza and there are a lot of invisible walls and you can’t even jump over small obstacles like a rubber duck.

Oh, well let’s see how it turns out in the full version next year.

If you don’t know why, then why do you believe that to be true? One’s opinions are only ever true if one understands the reasons behind them. I am willing to believe that what you say is true, but I’d like to know why. But if you don’t know why, then I never will.

“Also, loading and install times are horrendous.”

Really, in what way? I read that they introduced background downloading to deal with the ‘install times’ of different areas.

I’m looking forward to seeing if this thing is as poor as it sounds to me. I hope I’m proven wrong, but I really doubt it.