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Need some help...

I have no idea what to get for christmas, so I think I want a PS3... actually I'm 100% sure I want one. The thing is, I would have to get a 1080p TV if I want one, because what's the point in buying a system without using it to its' full potential. That being said, the cheapest bundle I found is still really pricey. Here it is:

  • Insignia-42''HDTV 1080p Flat Panel TV=$996.99
  • 40GB PS3 with Spiderman3=$399.99
  • Init-WallMount=$99.99
  • Sixaxis PS3 Controller=$49.99
  • Uncharted: Drake's Fortune=$59.99
  • Warhawk with Mic.=$59.99
  • Resistance:Fall of Man=$59.99
  • Blu-Ray Pirates of the Caribbean: At World's End=$29.99
  • Blu-Ray Superbad=$29.99
  • 7FT HDMI TO HDMIA/VCable Model HDMI-HDMI-2= $6.99
This is a total of $1,797.91 'ish, depending if I get it from the store or online. Is this good, and if not where should I go for good deals. I appreciate any help, thanks. Also, I would have to cram it into my small room. Is it worth it, I feel like it is but you never know.