I was at the local target Sunday and they had a $40 gift card with the purchase of a PS3. I popped for the 40gb model (don't care about PS2 games). I've had a 360 since launch and had a Wii for about a year until I sold it. My impressions thus far... -More "computer like" than a 360. XMB is neat but I like the 360 blades more -Blu-ray is really pretty -System is dead silent compared with my windtunnel 360 -I don't like the controller. The triggers are a nice addition but it feels light -PLAYSTATION store is cool, but it needs a MAJOR overhaul. Too slow. -Unit is good looking next to my entertainment center -Love the startup sound and animation in XMB -Why the $%^& do I have to install a demo? Can't the uber-cell do that while downloading like the 360? -MLB the Show is a great demo -It makes my Samsung HDTV "search for signals" everytime something starts up because it reboots slowly All in all it's a good system with a lot of potential. Most of my gripes will/can be fixed with the rumble controller and some software updates. I'd say as a media center it's > 360. As a games console it's got some serious ground to make up.