Okay, so overall I think it's a fairly solid system. But I think it could've been a lot better. I'm really disappointed in the launch games, there was only a few good games that came out of it. I was hoping that the PS3 would have "Achivements" much like the 360, but again, didn't happen.
It's not a bad system, it's much quieter than the 360, you can hardly even tell if it is on. The heat-sensative buttons are a nice addition compared to the 360's. I think the PS3 will be a lot better when it gets some more solid titles out.