Large George Foreman Grill-looking games Console, which despite powerful graphics, seems to be floundering due to it's insurmountable price and lame game lineup. In a nutshell, Utter wank.
"That playstation 3 is utter wank"

"I need a mortgage to buy that, no food for the next three years then."
by Dam Helder October 18, 2007
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The best console for the gamer. It will be released in spring 2006 and have so much more then the PS2 had. The heart of this beast is the CELL PowerPC-base core with 7 working cores each running at 3.2 GHz. The total floating point performance is 218 gigaflops for the CELL. The GPU for it will be the RSX "Reality Synthesizer" made by Nvidia running at 550 MHz with 1.8 TFLOPS and full HD up to 1080p x 2. There will be 512 MB of both XDR and GDDR3 RAM at crazy speeds. To sum it up this is going to be sweet.
The PS3 is going to be more powerful then PC's and all other consoles with great games.
by ganban May 19, 2005
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Mom: "Josiah, cook me up some of them burgers on the Foreman."
Josiah: "But mother, all we have is a Playstation 3."
Mom: "I know."
by BWallenstein April 22, 2008
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System currently (probably) on/off the works. It will probably have more standard computer similarities such as a high GB harddrive with purchase, etc.
I submit advanced cd-r/w capabilities with this installment of the PS line.
by LarstaiT December 29, 2004
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an inferior gaming system compared to the x box 360. known best for having lame-ass japanese fighting games as the main profit. (devil may cry 4).
while the rest of the world is playing AWESOME games like halo 3 ODST, the playstation gamers are stuck with pussy ass titles like naruto storm, and Eternal Sonata.
x box owner 1: Broheem, we gonna play some Halo 3 ODST firefight tonight?

x box owner 2: Hell yes broseph! we gonna get the vidmaster challenges, yay recon!!!

playstation 3 owner: im gonna go play Naruto.....

(x box owners point and laugh, then skip away to go kill the covenant)
by i cant find an unused name! October 3, 2009
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A somewhat large, shiny, and expensive novelty paperweight.
Joe: Hey man, you gonna play your Wii this weekend?
Jack: What're you talking about? I can't even find a Wii anywhere, you idiot!
Joe: Hey, what's that ginormous thing on your desk?
Jack: Ah, it's called a PlayStation 3. See, I needed something to hold down all my extra money—so I went out and bought this thing. Turns out once I bought it, I actually didn't need it anymore.
by L. Adam April 10, 2007
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