I hated it on day 1.
Then I liked it for a while. It was a big hit at Christmas when there were tons of people around.
Now, between the dearth of software, the shitty network implementation (It will be time before a decent online game is out on it), the shitty virtual console store, and the shitty friends list, it's really difficult to defend the purchase. In the end I am happier with my PS3.