Don't forget, the PS3 also gives you streaming audio and pics from your computer - wirelessly if you like. I like that feature. Also, while I hate Sony, the PS3 is kept at the cutting edge with constant updates that assure you get the newest features.

But, the PS3 is HDMI-centric. If you don't care for the other features and don't have HDMI, you could likely save a few coins with a stand alone player and get a bit more simplicity.

Panny 3000 PJ, 118" Carada, Denon 3300, PS3, Axiom QS8, PSB 5T, B&W sub, levitating speaker wire