Anyone looking for a way to playback their HD video, the PS3 is a great solution. I just picked one up over the weekend. Having USB inputs means you can playback AVCHD files right off a flash card. You can save .MTS files on the internal or connected USB (FAT32) external for playback. I've tested playback with 720p clips between 5-40Mbps and it runs flawlessly (720p @ 20Mbps is a whole lot better than ATV's 540p @ 4Mbps!). Even photo slideshows work great, I have the last 6 yrs organized by album and the PS3 has a Ken Burns effect. Oh, and it plays Blu-ray! The Sony Store was offering $150 off, so not a bad $250 spent! ...I don't work for Sony, really... in fact, I use Canon or Panasonic for DV!