This thread is meant as a discussion of the system in general and, specifically, it's pricing and comparisons. Most or all of this has appeared in other threads but I thought it worth consolidating for easy reference. For starters we have the following options: (only listing outstanding/differenting features) Complete Option - 60GB HDD - 2X Blu-ray disc drive - Bluetooth - 1 x HDMI out (HD) - MemoryStick/SD/CompactFlash card support - 480i - 1080p output support - $599 USD Basic Option - 20GB HDD - 2X Blu-ray disc drive - Bluetooth - No HDMI (AV Out support only) - No Wireless Networking - No MemoryStick/SD/CompactFlash card support - 480i - 1080p output support - $499 USD This information is taken directly from an Official Document on scei.co.jp (PDF) Both models have a built in harddrive, a blu-ray drive, Bluetooth, and 1080p output. The Rumble/"Shock" feature of the controllers has evidently been removed and replaced with the "6 degrees of motion" according to IGN. On to the areas of interest... 1080p Output Both options are capable of 1080p output. Worth noting, however, is that because the Basic Option does not include HDMI you will not be able to watch movies in full HD since there is no other HDCP compliant output port on the PS3 (such as DVI-D). The system itself is still capable of 1080p output but whether or not you will be able to get that even in Games is yet to be seen, since it is limited [the Basic Option] to AV output only. I'm sure it will also be said that 1080p output is pointless as well since the vast majority of HDTV out there (and current HDTV owners) only have sets that will do 720p/1080i. 1080p sets are substantially more expensive. That said, I would not say that makes it pointless. It's nice that it will do it for those that have the capable sets. What is valid is that there will likely be performance loss at that resolution; meaning it is quite possible we will see games that are 720p maximum as developers need the extra performance. Blu-ray Both systems include the same Blu-ray drive. As mentioned previously, however, the Basic Option will not be able to output BD movies in full HD due to lack the lack of HDMI. It will still play the movies, but the possibility of the quality getting downscaled is real. Many opinions exist on how beneficial having BD (Blu-ray Disc) support is, here are some of the arguments and counters: - The larger disc space will be beneficial to games. / That much space is not necessary for game content. Even high resolution uncompressed textures should not consume enough space to justify the disc. / Video/Audio, in a high-resolution uncompressed format certainly could, however (Final Fantasy anyone?) - It's a cheap BD player that is future-ready. / The "war" between Blu-ray/HD-DVD has not been one, we don't know if BD is here to stay. If it isn't then that isn't of much use. / Both formats, either format, or none of the formats may stick around; a lot of people are perfectly happy with DVD. - It's unproven technology; unlike DVD that has been around long enough to get perfected, BD is new and could be prone to unforseen problems. / These issues will surely be worked out before the PS3 release in Nov 2006 (we would hope.) Bluetooth There are a lot of possibilities for this in terms of connectivity with other devices. Executed properly this could be a really nice addition, or misused/not used it could mean a whole lot of nothing. Time will tell whether PS3 owners will see the possible benefits of this. PS3/Xbox 360 Comparisons Now we are entering flamewar territory but these comparisons will be made and are important to many people in determining what system they go for (for those that will only purchase one system). The question of value for price comparisons is an obvious focus beyond simple price tag. Because PS3 has positioned it's pricing for both options above the Xbox 360 Premium that will be the obvious choice for comparisons. First, if Blu-ray is a factor in your purchasing and you have no interest in the alternative HD-DVD then you can pretty much stop here. PS3 will be worth the price if you are most interested in Blu-ray support. If that is the case, you'll want the Complete Option for $599 to ensure you get full HD output out of BD movies. So what do you get in the PS3 Basic Option you won't get in Xbox 360 Premium (or 'What do you get for the extra $100 of the PS3')? - Blu-ray disc drive - 1080p output - Bluetooth And now comparing to the PS3 Complete option ($200 more): - Blu-ray disc drive - HDMI out (allowing for HD movies) - 1080p output - Bluetooth - 60GB HDD (40GB more) - MemoryStick/SD/Compact Flash card support - Wi-Fi (Wireless Networking) Clearly Sony needed to make the more expensive option worth the extra $100 they are charging over the cheaper option. Clearly if you are going to get a PS3 then the more expensive option is worth the extra cost. Again, if Blu-ray is where it's at for a buyer then PS3 seems obvious. If that is not a concern you will have to ask yourself if having 1080p output and Bluetooth is worth $100 to you. Or on the high-end, is the 1080p output, Bluetooth, 40GB extra HDD space, Wi-Fi, and Memory card support worth the $200 extra (over a 360). In the end, throwing cost aside, it's about the games (unless it's about the Blu-ray, right?) and every system has something different to offer as well as a bunch of the same as many games are going cross platform. The big game for PS3 right now seems to be Metal Gear Solid 4 and if you are a big fan of the series you'll likely want the PS3 regardless of price. Interesting, to me at least, is that since MGS4 is a Konami title it is perfectly possible that it will only stay PS3 exclusive for 6-12 months and then has the possibility of getting ported to 360, which according to the designer, Kojima, is perfectly capable of running the game. For 360 the game at the same hype level as MGS4 is Halo 3, and of you are a Halo fan the choice is likely simple - and fortunately will cost you a but less for the system. My advice is to take a detailed look at all the game offerings on both systems and then decide which one justifies the price the best for you. If anyone has anything to add please do so, this is not meant to start a battle! If anyone could get a list of games that will be out for both systems around PS3 launch that would be cool.