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Cerebralbore101 said:

According to usinflationcalculator.com a launch PS3 would cost $936.88 in today's money. But...

Online was free.
It was fully backwards compatible.
The controller didn't break after 2 years.
It included a disk drive.
Exclusive games were actually exclusive.

Meanwhile a PS5 Pro is $779.98 once you add the cost of a disk drive. $79.99 a year for online. $75 for a new controller every two years. So after two years of PSN and a new controller it costs the same as the PS3. After four years it costs even more because you've bought another replacement controller and paid for PSN two more years. Ridiculous.

Modern.
Consoles.
Suck.

Online was indeed free, but also crap and offline for months after PSN got completely hacked. FTP games are still free to play online, but yes it sucks Sony followed and made paying for online mandatory. However PS3 was also rife with online passes, so it wasn't entirely free to play online. Second hand games you had to buy the online pass separately. (Or to play your disc online on a different account)

Europe models were not full BC, and to reduce price full BC capability was removed. Plus BC was a separate mode without any boost capability like the PS5 now has. I lost my FF12 saves due to a corrupted virtual memory card (I pressed the off button while it was still saving to virtual memory card I guess)
Btw thanks to the PS4 Pro, a lot of PS4 games make more use of PS5' extra power.

My PS3 controllers did break within 2 years. My 2 launch model PS3s did as well after 3 years.

But it did have the cheapest and best blu-ray player for a long time. Early dedicated blu-ray players at the time of PS3 release were slow, cost $2,000 and became obsolete because they couldn't get patched. PS3 did add 3D blu-ray support later through some magic.

PS3 was great, but expensive and had plenty issues. Modern consoles may suck, but try installing a game on PS3 again that had many patches. It takes days to get GT5 fully working again on a PS3 from original disc install... Patching, installing, OS in general, PS3 feels horribly slow nowadays. It's still a great blu-ray player though :)

Let's not glorify gen 7. I had 2x YloD, went through 7 ps3 controllers, 2x RRoD, 360 charge packs failed after 3 years, HDD failure in PS3 (months to redownload my digital games as I was still on a 60GB monthly limit connection), Disc drive failure in the Wii, Charge packs for Wii remotes all failed, Balance board connection failure. Gen 7 has been the worst for durability.