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Well I think there was 360's going for £130's in at gamestop which is almost as cheap as a PS2 , I think if you wannna game in current gen it's a great option.

Do people here really understand the concept of value for money ?

"An expression describing the benefit obtained from a product"

A PS3 at it's best will give you a

Themed Background
Blu-Ray Player
A PS2/PS3
A Web Browser
An Operating System ( Linux)
Movies on Demand
Games on Demand/Which you can play on friend's PS3.
PSP Connectivity
Swappable HDD ( cheap)
Motion controls
>>>>>>>FREE ONLINE GAMING