@ robjoh
I don't consider any gaming console to be a primary need. IMO even the Nintendo DS or Gameboy Advance are luxury goods. The PS3 price will come down eventually, maybe at the point they release a cheap slimline version you will feel happy about the initial futureproof PS3 specs and probably a good amount of older PS3 titles could be bought at budget prices and likewise Blu-Ray movies will be available at cheaper prices.