Those of us battling waves on the high seas of global network gaming behind the flag of the PlayStation Network might be disappointed to know that the PSN has reportedly generated profits of about $180 million so far for Sony, whereas Xbox Live has earned Microsoft at least $1 billion since its launch.

PlayStation Network, or PSN, includes both PS3 and PSP users and has generated approximately 20% of the revenue of Xbox Live, though its been active for approximately 40% of Xbox Live’s current lifespan. However, PSN registration is totally free, whereas Xbox Live costs $50 per year for a premium Gold subscription, adding significantly to its total revenue stream.

The revenue report, however, does not speak to the total number of registrations per network; Sony currently holds the most registered network users – about 3 million more, according to a report Wednesday.