Personally though, I don't seem to bring myself to care. Perhaps I'm in the minority, but the idea of turning my games console into a jack of all trades multimedia monster never really appealed to me. I accept that having extra features available are welcome as a convenience, but to be honest, I don't think it would make any difference to whether I'd want to buy the console or not. I'd want to buy it on the strength of its games library, rather than its ability to browse the web or download TV shows.
As far as the gaming capabilities of Blu-ray go, while it does give the PS3 hardware a boost, power of hardware doesn't correlate with quality of games. The PS2 was the best console of the last generation because of its fantastic games library, despite the original Xbox being a more powerful machine and packing in a hard drive. The victory of Blu-ray would be by no means a good thing for the Xbox 360, but in the long run, the console battle will be fought with games, not hardware.