Good time to buy, there is already a really good library of games to play, and by the time you catch up the next round will have hit.
You must get the component cables- the picture is so much better with them, also change you setting to super white and full RBG on or something like that(check out some sites on the best settings, really helps the picture quality and frame rate in some games)
Must get- Uncharted, Ratchet, and Ninja Gaiden Sigma
Also Good- Resistance 1, Heavenly Sword, GTA4, Motorstorm, Burnout, Warkhawk, and Folklore
Also, I recommend creating an online account so you can download videos and demos ( you can also create a Japaneese account if you want to, creating a japaneese account is hard if you don't read Japaneese, but there's a walk through for this and you can get different videos and demos by doing it).
Last thing worth mentioning is that the PS3 plays Divex files (sp?), so you can watch screeners if you know where to find them.
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