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Sony did give the impression that you needed a high definition TV to enjoy the PS3 (at least that was what I felt). I was actually put off buying a PS3 until I had saved up enough for a good HD TV as well. Although I didn't end up buying one - I realised I'm happy with my old TV for a while yet. I still intend to get one though, maybe I'll pick up one in the January sales next year. Anyway, I believe that Sony has scared off many people who don't yet have a HD TV. They cost a lot of money and everyone knows that the Playstation 3 itself doesn't come cheap!

@Grey Acumen. It was very long, I wouldn't of bothered reading it if others hadn't posted that it was a good read. It was, you made some good points.