PlayStation Home, a virtual community for PS3 owners has been a huge success since its launch. Despite reports stating otherwise, it is still a high priority for the folks at Sony.

Recent reports from Edge Magazine however have painted a different picture. Speaking at the London Games Conference, Sony’s director of PlayStation Home Pete Edwards had this to say about the service

“It’s been a long road. We’ve proved there is a market out there and we’ve got a lot of people that spend a lot of time in [Home]. It’s not a priority right now but there is a business model there.”

Sony has now come back and said that Edwards was misquoted.

“Edwards was saying that monetizing Home was not as big a priority as building a great platform, with a compelling environment and a strong community. Home is still a top priority for Sony and will continue to release quality content and provide a positive experience to our users,”

While Home might not be for everyone, Sony has done a great job with supporting it and its getting better everyday. As always, stay connected to PlayStation LifeStyle for all your PS3 news.

[Source]