The race to win the number one spot in hybridization of video game consoles and home theater capabilities has left Sony eating Microsoft's dust. But it looks like Sony's finally stepping up, giving Microsoft a run for its money with the announcement of PlayTV, a hi-def dual tuner box.

PlayTV, expected to launch in Europe early next year, is an add-on that'll give the Sony Playstation 3 gaming console DVR functionality. Not only will PlayTV let you use your PS3 console record and watch digital TV, you'll be able to transfer your content to your PlayStation Portable (PSP).

Who knows? According to the Motley Fool, TiVo's latest opponent may just give it a run for its money, assuming PlayTV eventually hits the US market.

Read More In: Integrated DVRs Portable Devices (iPod, PSP, etc)