The Youtube PS3 Song

The PS3 song is famous amongst gamers. The video on Youtube has had close to a half a million hits; of course it has been online for over two years. Yet it does a great job of explaining the choice gamers have between other similar systems and the PS3. The creator of the song is of course a huge Xbox 360 fan and displays his colors repeatedly in the video. Since the original one was created other renditions have x-ploded onto the scene. It seems to me that Xbox players like making fun of the PS3. Except if they really thought the PS3 was no threat then why do they make fun of it so much?