The PS3 is awesome. I love the Blu Ray player and I love the gaming.
It is also a fantastic SACD player, CD player, and DVD player. I try not to use my PS3 for DVD's but I have to say... side by side... I have the Yamaha DVD-S2500 almost 3 yrs old... and the picture quality is much better on the PS3... granted it is 1080P up convert as opposed to 1080i upconvert....
With that said... I have the Yamaha hooked up (for multi channel SACD's) via audio cables (5.1) and the sound quality of the SACD's (though amazing any system you use) sounds better out of my PS3 than my Yamaha (louder, clearer, and more balanced). This may be that PS3 sends SACD signals to my Denon Receiver to process as opposed to Yamaha player processing that sound I do not know. Now comparing Yamaha to PS3 via CD quality it is pretty even but it seems to my ear anyway that the Yamaha has a much more centered soundstage than the PS3... not sure why as both are sent via HDMI to Denon receiver.
Off topic... sorry but wanted to compare PS3 to Yamaha... and wow... I am impressed.
Also, let me get this in... PS3... even when it first came out and everyone complained about the pricing... what are they talking about... I mean there were so many people that said the PS3 was overpriced as compared to the Xbox 360... no way... no way at all!! Remember with PS3 you get internal wireless access as opposed to Xbox 360 ($99 for the wireless hook up), you get blu ray internal as opposed to Xbox 360 ($199 for HD DVD when it first hit the market), PS3 gives you more storage space for the money as opposed to Xbox 360 which gives you less (20GB as opposed to 60GB when they first hit the market), and last but not least you get a totally ready wireless controller with the recharge cord as opposed to the Xbox 360 where you get wireless controller (in order to recharge, must use recharge batter pack and cord $30)... so to me PS3 was a good price when it first came out... now it is a BARGAIN, relatively speaking!
So what was the PS3 when it first came out 60GB for $600.... and Xbox 360 20GB $400 plus wireless internet ($99), HD DVD ($199), 2 20GB ($198) hard drive add ons worth of memory, and wireless ready controller ($30).... $928 total... I think these were the prices when Xbox 360 came out the only thing I am not sure about is the 2 adds on for memory... but I think they were $99 for 20GB each... I think... but still... that is quit a difference!!
Still when you compare even without HD DVD player add on... you still pay more... again... PS3 a bargain, relatively speaking!!