"PS3" is the Playstation3. Even though it's technically a game console, it is also a Blu-ray player (and possibly the fastest and most powerful Blu-ray player around at the moment). The version with a 60GB hard drive and wifi now sells for $500, which is comparable to the least expensive standalone Blu-ray players. There are a couple drawbacks to the PS3. For one thing, it lacks proper support for an IR remote, so you are left using the $25 add-on bluetooth remote even if you have a universal remote for everything else. (There's an IR-to-USB add-on available for the PS2 that is compatible with the PS3, but that add-on's remote doesn't include all of the functions of the PS3's bluetooth remote.) The other drawback is the lack of a multichannel analog output, something that the standalone Blu-ray players and the most expensive HD-DVD player all offer. My HD-A2 and the HD-A20 also lack a multichannel analog output. What that means is that output of the new audio formats (Dolby Digital Plus, Dolby TrueHD, and DTS's "too long of a name" DTS-HD Master Audio) is restricted to HDMI. My HDMI FAQ goes into some detail about those issues.