Sony's current gen gaming console released in 2006. When released, the console was overpriced at $500 and $600 (although, this is nothing new). The console has built in wi-fi, blue ray player, and a removable hard drive. The console plays PlayStation 3 games, is able to play DVDs, CDs, BlueRay disks, and mp3s. It also features and internet browser. A PlayStation 3 owner can create a free account with the PlayStaion Network and will be able to download demos, buy certain games online (including certain PlayStation One classics), and game online. Currently, the price for the system is $300 and there is new "slim" model.

The system is in competition with Nintendo's Wii and Microsoft's Xbox 360. Some argue that PS3 is the most powerful system of the three. Some developers have stated that the system is harder to program for. Just like the other systems, PS3 has a loyal fan base who feels that this system is best of the three and that the other two extremely inferior (these people are known as fanboys/girls and are extremely annoying).

Even though, the system has been on the market for a few years, it has suffered in sales, although, the sales have been climbing. Some argue, that the PS3 is a big disappointment and failure(like Sega Saturn). Due to recently dropped price, the system has seen a climb in sales.

Performance wise, the system has a low failure rate. On the other hand, there are constant firmware updates.

A note to fanboys and fangirls: Whatever system you support, you need to stop bashing the other systems. It is pointless and will not magically make the your system any better. All you do is try to justify your choice of a system. You are assuring yourselves that you made the right choice. All of the systems have their pros and cons. So, grow up and enjoy whatever system you have.

Some of the current exclusives for the system are: Uncharted:Drake's Fortune, Heavenly Sword, Metal Gear Solid 4, Infamous, Little Big Planet, Killzone 2, Resistance: Fall of Man, Resistance 2, Ratchet and Clank: Future Tools of Destruction.

Some of the upcoming exclusives are: Uncharted 2: Among Thieves, Heavy Rain, Final Fantasy XIII Versus, Gran Turismo 5, The Last Guardian, The White Knight Chronicles.

Some of the current non-exclusives are: Grand Theft Auto 4, Assassin's Creed, Dead Space, Virtual Fighter 4, Fallout 3, Elder Scrolls 4: Oblivion, Dark Sector, Dirt, Call of Duty 4: Modern Warfare, Far Cry 2, Resident Evil 5, Street Fighter 4

Some of the upcoming non-exclusives are: Final Fantasy 13, Metal Gear Solid: Rising, Assassin's Creed 2, Call of Duty: Modern Warfare 2, Tekken 6, Fallout: New Vegas, Dark Void, Alpha Protocol.
"I bought my Playstation 3 so I could play Metal Gear Solid 4 and Killzone 2"

"The Playstation 3 was overpriced."
by vladik87 September 12, 2009
A good gaming console, equal if not better than the Xbox 360 (let the thumbs down ratings flow), and features:

1. BluRay.

2. Free internet.

3. Wireless support right out of the box.

4. Playstation Store.

5. High Defenition gaming (complete with HDMI ports).

6. Memory card readers (SD and MicroSD).

7. Ability to use external hard drives to store data.

8. Faster internet browser than the PSP.

9.Blue Tooth support.

10. High quality graphics support.
The Playstation 3 is awesome...if you can afford it. =/
by Da Milkman July 10, 2009
A console everyone secretly wants but are too big a bunch of whiny fanboys to admit it.

Despite being much more reliable than the 360, much more powerful than the Wii and a better deal, it recieved a stupid amount of hate from idiots. However, it's now turning around after outselling the 360 worldwide in 2007 and being set to utterly decimate MS's console in 2008.

It's equipped with a Blu ray drive (the only HD format left seeing as HD-DVD is all but dead), a Cell processor, built in wi-fi, full bluetooth support and an upgradeable HDD.

It will take advantage of Sony's wide 1st and 2nd party game support as well as a massive amount of 3rd party titles, unlike Nintendo and Microsoft who rely on 1st and 3rd party games respectively.
The PlayStation 3 doesn't break down if you look at it wrong and doesn't rely on a crappy gimmick in an attempt to disguise the ridiculously old hardware.

It is, in short, the only decent console this generation.
by giflorg February 18, 2008
The PlayStation 3 is one of the new 7th generation game consoles which mainly competes with the Xbox 360 and the Nintendo Wii. The PlayStation 3, PS3 for short, was released on November 11, 2006 in Japan, and November 17, 2006 in the United States. It comes in two versions, the 20 gigabyte, and the 60 gigabyte. Both have hard drives, but the 20 gigabyte version does not have a chrome trim, built in Wi-Fi, or flash card readers, which the 60 gigabyte has. It has backwards compatibility with PlayStation and PlayStation 2. The 20 gigabyte version is $500 as of the release date, and the 60 gigabyte is $600. Both are high definition. There will be three available colors for the PlayStation 3: black, silver, and white, but as of the release date, the only available color is black. The white and silver are TBA. The PlayStation 3 comes with a wireless bluetooth controller; both versions have that. The PlayStation 3 is a great system, even though it is way expensive. The best value for the game system is the Nintendo Wii, in my opinion
Eric: Are you getting a PlayStation 3?
Bob: I'll think about it...I already have a Wii
Eric: Do you have an Xbox 360?
Bob: No, my cousin has one.
Eric: Is it good?
Bob: Yeah, it's cool. Is your PS3 cool?
Eric: I don't have one.............yet
Bob: Good luck getting one!
Eric: Thanks!
Bob: Wiiiiiiiiiiiiiiiii!
Eric: PlayStation Thriiiiiiiiiiiiiii!
Bob's cousin: Xbox 360iiiiiiiiiiiiii!
Their neighbor: Keep it down you video game addicts! I'm trying to sleep here!!!!!
A ----ing exspensive but state of the art game console.
Dude #1:Look I got a Playstation 3!
Dude #2:Cool! Can I play?
Dude #1:No this thing costs more than you.
Dude #2:---- off.
by Unfergalicous June 06, 2007
A console you'd need a job for. Considering the fact that the definitions below are made by idiotic 14 year olds who have to ask their parents to buy a console, they believe bashing it would make themselves feel better.
Oh hey, is dat sum Playstation 3 with a 400 dollar price tag? Lol wut?
Oh hey, is dat sum online support that doesnt need a monthly fee?
Oh hey, is dat some better graphics without lying about actual HD resolution? (lol halo 3)
by Jack Spicer December 07, 2007
Sony's newest gaming system. Prone to critisism and flat out flaming from biased retards who don't know shit.

The PS3 works great, it costs 500$, Really the only good games it does not have is Halo3....Lets compare...

PS3 v.s Wii: PS3 has a social network,PS3 actually has 3rd party games. With the Wii you get to burn about 2 calories a day...

PS3 v.s Xbox360:Playstaion Network is FREE and it works just fine(so long as you have a WORKING Internet connection)
PS3's social network is not full of cussing 12 year olds. The Xbox360 gets most of the good games (Although about EVERY game released for it can be played on the Personal Computer)
"The only game you can play on the Play Station 3 is like Ridge Racer 'n stuff" Said the idiot

The guy replied with "That's not true, you can also play Rainbow Six Vegas 2, Armored Core 4, CoD4, the Orange Box and much, much more."

"Home...'nuff said"
by NotBob3k June 14, 2008
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