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No. 881
I personally love my PS3. Mine is a 1st Gen. 40gb from the first release I bought second-hand from my roommate who didn't need it anymore, and I've been happy with it ever since (well, despite the last of storage that newer PS3s have, but right now it's not really a big issue for me since I tend to play the same 2 or 3 games at a time).
You can use it as a BLU-Ray player. I only had one BLU-Ray movie, "Terminator 2", and it looks magnificent in HD. Otherwise I also use it as my regular DVD player since it's too much of a hassle for me to switch out cables every time I want to use my DVD player.
I have no complaints about the graphics. If you have an HD tv with an HDMI cable hook-up, use it for the PS3. Everything kind of looks amazing that way.
Internet connection is a must. I know I had issues connecting wirelessly to the PS3 but later found out that it's primarily the way my internet router was set up, not any fault with the console itself. Saying that, I do find it easier to just have it hooked up to the Internet because it's faster that way.
You do have to install games before you play them, but I find that it's not too big of a deal because I use the install and download time to get myself comfortable, grab a drink and a snack and settle down.
I find that the game library is expanding, so the entire "PS3 has no games" joke has been pretty much obsolete in the last couple of years, and we're finding now that more developers are open to bringing some XBox-only games to the PS3 too (Especially with Mass Effect 2 or 3. It kind of sucks that the first Mass Effect isn't coming out but I have a friend with an XBox so I find it's not an issue for me).
You don't have to pay to use the internet service like you do with XBox Live. The PlayStation Network does have a paid premium option but right now the only benefit I see is if you're into playing Japanese imports and buying games for a discounted price. Otherwise, the free service works just as well, and now with Steam coming to the console, it should be even easier to sync games cross-platform. PlayStation also offers Netflix streaming and Hulu Plus (which is Hulu but you have to pay).
The only issue is backwards compatibility with PS2 games (I know I tested out a PS1 game in a PS3 and it works fine), but you can also buy classic PS1 games through the network, like the first Metal Gear Solid, Tomb Raider, the Crash Bandicoot series, and more. I also never owned a PS2 so that was never much of an issue for me in the first place.
So overall, my complaints with my PS3 are practically non-existent, and I think now a 160gb PS3 goes for about $299, and now they have a 320gb PS3 for $350. Supposed the newer PS3s are also capable of playing 3D, as well as PlayStation Move (which I honestly have no idea what's available for that add-on but I do know Resident Evil 5 Gold Edition is compatible with the Move).
So yeah. I love my PS3, and if you get one, my PSN name is stereo-or-bust
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