I've had this post saved on a Word document for a while now since many people have been thinking about getting a PS3 recently :)
Here is a link to the GameSpot PS3 Console Resource Center. If you don't want to read all of that, then read this:
Should I get a PS3? Is it worth the money?
The answer is yes; definitely get a PS3
Of course it's worth the money and here's why:
Amazing PS3 Exclusives (currently out, and those to come):
- Resistance: Fall of Man
- Warhawk
- Heavenly Sword
- Uncharted: Drake's Fortune (my personal favorite)
- Ratchet and Clank: Tools of Destruction
- Killzone 2
- Haze
- Home (not really a game, but I don't care)
- Metal Gear Solid 4: Guns of the Patriots
- God of War 3
- Kingdom Hearts III (or whatever they call the sequel)
- Resistance 2 (or whatever they call the sequel)
- Final Fantasy XIII
- Final Fantasy XIII: Versus
- Lair, Eye of Judgement, and Folklore are all popular despite low reviews - check them out
- rumors of Jak and Daxter coming to the PS3
- Gran Turismo 5
- Tekken 6- The King of Iron Fist Tournament
- Little Big Planet
- Socom Confrontation
- Unreal Tournament III- PS3 timed exclusive!
- White Knight Chronicles- formerly known as White Knight Story; it's an action RPG by industry pros
You can't argue with that list; trust me, it's well worth the money
For a full list that I won't put here for the sake of space, go to this site
Plus, don't forget:
Online service is free,
It's the cheapest form of Blu-Ray player on the market,
Most have backwards compatibility (hurry, the 60GB models w/ the best B/C are going fast)
Check out that sick Walmart deal: (60GB PS3; Blu-Ray remote controller; and your choice of one game from a list including Heavenly Sword, Warhawk, and Resistance; all for $500!!)
[I actually might be missing something - they might actually be including component cable or HDMI cables; not sure, so check up on that]
What are the differences between the 4 SKUs (versions)?
You can check backwards compatibility for specific games here
60GB - limited availability, price somewhere near $400-$500 (depends where you get it from and what comes with it like bundles or value packs), uses the EE chip - 99% backwards compatibility, built in Wi-Fi, 4 USB slots, SD, CF, and other flash card and memory slots/readers
80GB - $500 bundled w/ Motorstorm, uses software emulation (no EE chip)- 85% backwards compatibility (I've heard), built in Wi-Fi, 4 USB slots, has flash card and memory slots/readers (like 60GB)
40GB - $400, no PS2backwards compatibility, I've heard that it still has PS1 compatibility though, built in Wi-Fi, 2 USB slots, no flash card and memory slots/readers
20GB - (I'm not sure if you can find this anymore),uses EE chip -99% backwards compatibility (like 60GB), 4 USB slots, no flash card and memory slots/readers, no Wi-Fi (you need an Ethernet cable to play online)
If you've got a PS2 and it still works, there's not much reason to go with the 80GB instead of the 40GB except for Motorstorm (if you like it), and a couple of extra USB slots. The memory is upgradable anyway.
If you don't have a PS2 or if it's broken, and you still want to play PS2/PS1 games, get the 60GB if you can, or the 80GB if you can't find the 60GB.
If the memory slots are important to you, then your options are the 60GB or 80GB versions.
*Note: I went with the 60GB version before the price drop, and I don't regret the $600+ I spent at all.
What about the Online Service?
Online service on the PS3 (called the Playstation Network) is completely free.
The PS3 has the Playstation Store, where you can download free demos, videos, images, themes, and buyPS1 games, other arcade-like games, add-ons to PS3 games, and entire PS3 games (the only two available right now are Warhawk and Tekken 5).
I know that you can get TV shows and movies from Xbox Live, and the Playstation Network will be doing something like soon. The PS3 is also compatible with DivX movies from your PC and you can get movies on your PS3 that way.
Sony is due to release Home in Q1 2008; it's a virtual world where you can create and customize an avatar and a home for your avatar (ala The Sims). Also, you can access stuff from the Playstation Store in virtual shops, hang out at public spaces with other online PS3 users, and play virtual arcade games. You can text chat using your PS3 remote or keyboard or voice chat using a Bluetooth headset. You can invite your new-made friends back to your private home and share music and videos saved on your PS3, and even invite them to play multiplayer games together. There will also to be a trophy system comparable to the Xbox Live achievement point system, and you can display your trophies at you private place. In short, Home is AWESOME!
Also, Sony is expected to make the Cross Media Bar (XMB) available to you while playing games online. It willhopefully be in one of the next few updates.Until then, however, the online format depends on the game (Resistance has a perfect format IMO).
On the XMB, once you log in to Playstation online account, you can see your buddy list, whether or not your buddies are online and what they're playing if they are online. You can send them a message orinvite them toa chat room where you can use voice chat. You can also access saved music and videos from your XMB and hopefully this will soon be available in-game.
Most online games have voice chat and the quality depends on the headset. I have the headset that came bundled with Warhawk when I bought it from the store (for a total of $60, it saves $20 over getting them individually). It's works great.
I've had my PS3 since January 2007, and have experienced minimal (little to no) lag online or other problems in general. I've heard from others on this site with both the PS3 and 360 who have said that the gamers on Xbox Live are less mature and there is a lot more racism and cursing on Xbox Live than on the Playstation Network.
Even though I've never played on Xbox Live, I've heard from people who have used both that Xbox Live isn't that much better than the Playstation Network. 
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