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Launch 60g, purchased on ebay one month post launch (with the profits from my two launch 20g PS3 resells).

Currently a 320gb hdd inside, no issues to date with my system. Backwards compatibility function used exactly one time, to play PS2 Buzz! at my sister's house, and only because we didn't feel like disconnecting the PS3 to play the PS2.

Dunno bout the rest of you, but I've got far too many PS3 games to play to even think about playing PS2 games.

Anyhow, launch system, never had a problem with it, and it gets plenty of game playing, blu-ray watching, media streaming use. I've owned every major system (and most minor systems) over the years, and the PS3 is my all time favorite.