Atari enters the Virtual World fray?

First, Sony announces Playstation Home, basically virtual apartments for Playstation owners that can be decorated with virtual items.

Now, Atari announces that they have something in the works that 10x better than Playstation Home. Details are sparse at the moment, but everybody's favorite buzzwords, "user-generated content" was being bandied about.

Of course, Three Rings already has a world built around user-generated content in closed alpha, called Whirled. I'm still waiting for my invite.

I'm not a news organization, but I'll be following this story.