Joystiq Video: PS3 Network voice and video chat
Despite Cheapy being in Tokyo, the audio quality was notably better than the Xbox 360's (due in no small part, we're sure, to the wired headsets we were both using). The video was only one way, but it was clear and only exhibited occasional stuttering ... until it cut out completely. We tried again and it was fine, so we'll take it as birthing pains. While wireless headsets offer obvious benefits, sometimes we'd opt for quality over convenience. How about it Microsoft? Let's use those USB ports for something else.
See also:
Joystiq video: Xbox 360 Wireless Headset review