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
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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 6, 2007
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Either a George Foreman grill rip-off or a fridge; could be both.
If I'm able to afford the PS3, I'd sell it's innards to someone who needs them, and slap in a fridge motor and store my food in there when I'm in college. After, I'd replace the "Playstation 3" label with the word "Fridge" and that will still retain the SpiderMan font.

Man, I'll be all set after that.
by Dark Fox August 12, 2005
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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 7, 2007
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the best current gaming system alive...
great graphics, free internet, and kick ass games...
better than anything on the american market today...
i dont even own a PS3, and i can say it is the best...
a little pricey, but definetely worth it...
blue ray, dvd, backwards compatibility, free wifi, etc.
buy it...
dude 1: i finally got my PS3, it took me five-hundred hours of work, 12 pints of blood, a kidney, and all my possessions to buy it.

dude 2: dont you think thats a little much?

dude 1: no way man, check out these graphics!
(naked man sitting on the street playing playstation 3.)
by Jacklopebaird September 17, 2009
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A gaming console that can play Blu-Ray, deliver High Definition graphics, detect motion, play online for free, play import games out of the box, be cheaply upgraded to 500 GB of memory, and cure cancer through folding@home.

Will inevitably be the dominant console of the seventh generation, due to a strong catalogue of current games, as well as amazing coming games.
Man, I just got my Playstation 3 - its so fucking sweet.
by Thewbacca August 3, 2008
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Something that needs to die a slow, painful death. Hopefully will cause the downfall of Sony Computer Entertainment.
Maybe Ken Kutaragi secretly wants to sink the Playstation 3's ungodly-expensive-for-a-home-console ship? I think I'll buy a Wii and set it next to my 360. Two consoles for the price of one and a game? Who'd a thunk it?
by someone named everyman June 26, 2006
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