According to Gizmodo, Sony’s “Second Life”-like program, Home, which we featured here a few days ago, will launch in October. Two private betas will launch during the next semester. The first one, beginning in April, will be limited to 15000 users, and the second one, which begins in August, will be limited to 50000 users.

The software will occupy less than 500 mb on the hard drive and, apparently, Sony will also bring some of Home’s features to the PSP, but there aren’t any other details regarding that so far.

If Home works as good as it looks it could very well “kill” Microsoft’s XBox Live service, which isn’t free, unlike Sony’s offer.