I managed to get a hold of a PS3 and I must say it is worth every penny. The quality of the video and audio on it is amazing. It can rip your CD's to ATRAC, MP3 or even AAC. I plugged my NW-HD1 into the USB port and all of my music instantly appeared, cover art and all. You can even transfer tracks from the PS3's HDD straight to the Walkman! No need for SonicStage at all! And since the PS3 goes online as soon as you insert the CD and fetches the atist\album info you can keep your music organized. Not to mention playback of my ATRAC files through the PS3 (which is connected via optical cable to my 5.1 surround home theatre) is exquisite. It also supports SACD's but I don't have any to try out. As far as the games go, as of right now, Resistance: Fall of Man is a no-brainer. I also picked up Fight Night just to have something that the boys can play when we are al hanging out having some beers. Other than that, the library isn't going to get any better til the PS3 hits Europe in March. A real cool bonus is that it plays all of my PS2 games wirelessly (60GB model only).One of the reasons why I hardly ever went online with the PS2 was that I had to drag a wire 30 feet from my router to the PS2. Now with the PS3's WiFi and backwards compatibility, I can revisit a ton of my old games. I am really happy with what Sony has accomplished. Time will prove that Sony was thinking ahead into the future with the PS3.