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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A game console which will probably have good graphics and games and ill probably buy it, an Xbox 360, and a Nintendo Revolution. The only thing is that it looks very creepy... The controller handles are about 5 inches long and the actual console is like a big piece of thick, silver cardboard.
I'm most likely going to get a Playstation 3.
by Chase May 29, 2005
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Supposedly the most advanced gameing system to date, overhyped, overpriced ($599 US), currently costs $399 USD but is still $100 more expencive than an Xbox 360. Has hardly any GOOD exclucive games. Also is the cheapest Blu-ray player out there and cooks a mean steak (Because it looks like a fucking George Forman grill!).
The worst selling console this generation.
Gamer 1: Dude, wanna play Resistance 2 on Playstation 3?
Gamer 2: No way, I'll stick with my Xbox 360...
Gamer 1: Microsoft fanboy!
Gamer 2: Graphics whore!
Gamer 1: 360 sucks!
Gamer 2: Have fun with your overpriced George Forman Grill!
Gamer 1: Fuck you!
by Burkus November 23, 2008
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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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An overpriced videogame console that steals many aspects from both the Xbox 360 and the Wii. It's controllers also strangely resemble a double ended dildo.
Playstation 3 Creators wondered why more than %80 of their purchasers were single old fat ladies, and gay men. They then realized this was because their controllers could be used as dildos.
by R. Jevon January 21, 2007
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The plastation 3 is the most unsuccessful games console in the playstation franchise. Its lack of good games combined with its poor design are key factors in why it has been outshone by the xbox 360 and Nintendo wii. Some games experts are even suspicious that it is just an upgrade of the plasation 2 with a blu-ray player and bigger hard drive. The online aspect of it is also poor due to the bad lag and lack of English speaking players. The reward system for the playstation has also been condemned as a copy of the xbox's highly successful "achievement" reward system. All these factors contribute to why the playstation 3 has not sold well and is referred to as the shantytown of houses.
Xbox user 1: what are you going to do when you get home?

Xbox user 2: I’m going to play some gears on my badass 360

Playstation user 1: what are you going to do when you get home?

Playstation user 2: I’m going to trade in my playstation 3 for an xbox.
by Arnold Antinagor April 15, 2009
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