PlayStation 3 40GB

Excellent
I was very pleased with this product. I had heard a lot of negative things about the 40gb playstation and was glad to find that they were not true.

The best console so far.
I've had the ps3 for 7 months now, and I must say it lives up to Sony's standards.
First of all, the graphics are smooth and pretty close to reality.
I have it hooked to a Sony Bravia 32" (you can get one for $600!!!) and its amazing. I use an HDMI cable.
You turn it on from your couch, just press the PS button on your controller and it launches. You can also turn it off from your controller.
If you have a surround sound system with an optical cable, you can set the PS3 to translate the signal to DTS automatically! For some reason DTS sounds more life-like and powerful than Dolby 5.1, and it will literally make your room rumble.
It doesn't matter if your game only has Dolby encoding, it will output in DTS (or you can set it to outpot in Dolby. Your choice)
Blue ray movies look and sound way better than DVDs. Although, the PS3 upconverts the DVDs to look pretty close to blue-ray. They look pretty close. In fact, you barely notice, unless the movie is shot in digital format.
The games are huge, becasue blu-ray discs can store many times more data than DVDs.
I have one problem though, that sometimes the screen turns green after or before watching a movie. I don't know why, but once I restart the console, it will dissapear. Its a small glitch.
If you have internet, you can get into the free HOME interface and interact, play and meet other people (similar to SecondLife, although you can't buy real estate or transfer cash to other people. Its strictly to meet and play with people).
You can acces the Sony store to buy and download dozens of games or even movies in HD. They're not expensive. You can usually rent a movie for a few dollar for a day, or you can even buy it and store it in your system.
And everything you do online is FREE. You don't have to pay a big monthly subscription like in the "other" competitor.
The controller is wireless, and it doesn't have rumble effect. But you can buy on separately with that feature.
I haven't had the time to use its features fully. But I know you can install Linux in it, and I'm going to try it.
You can browse the internet with its included browser. You can even get into Youtube and make the video screen BIG to fit your TV. I think that's and awesome feature. Hulu.com works great also and you can watch whole TV shows and even moves, and they look better than regular TV because many times they're 480i HD.

It doensn't have memory stick slots (this 40 gb model) but I don't need them ,because I can even transer file with a USB memory stick or a burned CDRom.
It just has too many features too list. Its very versatily and Sony is constanlty updating the software FOR FREE. I have even seen games in the Playstation Network store for $2.99, and some are even free.
But whatever, I don't really care what you choose in the end, its your money and you can blow it on a 360 or a Wii *laughs*, heck $20 a month for XBox live isn't much anyway, that's just $240 a year hahaha... later

Decent
its pretty good. It lags and freezes when I play madden sometimes. I also get strange effects when i watch DVD's.

PS3 awful choice - Life Long Sony Customer throwing towel
I've bought over $20,000 of Sony products in my life. My PS3 broke down after less than a year of very very light duty use. It wont read DVDs, which is mostly what we use it for. If you look online, you'll find thousands of people with the same complaint. Even though it's clearly defective design and manufacturing, Sony wont honor their brand. They want $150 to look at it. Given the breadth of the problem, a recall is the only legitimate solution. There's rumblings of class action law suits.

We're done with Sony. They just threw away a family of lifers.

Sony PlayStation 3 Blu-ray Disc Remote

PlayStation 3 Wireless Sixaxis Controller

Grand Theft Auto IV

PlayStation 3 Dualshock 3 Wireless Controller

Call of Duty 4: Modern Warfare

PlayStation 3 40GB & More...