Features:

• Games will use Blu-ray discs as media format
• Features a powerful Cell processor and a dynamic RSX graphics chip
• Built-in Wi-Fi access for easy connection to gaming services and the Internet

Editor Reviews:

Product Description:
The new Playstation 3 98004 has an 80GB hard drive for over 30% more download storage space than the 60GB model. PLAYSTATION 3 computer entertainment system unleashes a brilliant, high-definition entertainment experience. As its digital soul, the Cell Broadband Engine represents a tour de force in parallel processing, which means a gaming experience that is beyond what you know today. Its built-in Blu-ray Disc drive delivers a whole new generation in high-definition gaming and unmatched digital media storage. Whether it's gaming, Blu-ray movies, music or online services, PLAYSTATION3 invites you to Play Beyond.

Amazon.com:

Rating : - Good, upgradeable BD Player/ intro to BD
I must confess that it was a good Black Friday deal (this came with 15 total free BD's at Walmart), that tempted me into this purchase. I am not a gamer. I purchased this after I purcased my first A2 HD DVD player, because I wanted to have even more variety as a hi-def enthusiast. Updates take a while, but run seemlessly. As of 9/2008 it decodes all sound codecs with the new firmware, and playback has been flawless so far. I was, as was reported by many, disappointed by its upscaling capabilities of SD's, but I use my Toshiba A35 and Onkyo 805 HD DVD player for these, as they are both known to be more proficient in this area. The remote is Blue-Tooth, so I can't use it with my 880 Logitech Harmony,but I have a separate remote for the PS3, so it's fine. I've played probably 2 dozen movies out of 200 I own, and I've not experienced any problems. Although I care more about the actual movies, and special features that don't require BD Live, the PS3 does allow me to access those features if I want to see them, so that was a nice addition. Caution: It does run pretty hot!

If you don't mind a gaming machine amidst your other components (and that it may need to stand upright), this machine may be for you, given its upgradeability and value.