I would not buy a PS3 without a HD tv, even a 360 is a big MAYBE (I started with a 360 and a CRT tv and whilst it looked alright, it didn't really seem like a huge step from PS2).
Actually I take that back, get a HD tv, I remember needing to squint to read writing text (even some games I couldn't read it at all it was so small).
Aside from perhaps MGS4, there is nothing the PS3's library has at the moment that would make you not regret waiting for a HD TV first. (That's not an indication of the quality of the library, more so that PS3 on SD is definitely not worth it).







