Let me see...
I use it to play videogames of course.
I watch all my movies thanks to the ps3 (copy them to a pen drive and stuff) Check
I watch clips on youtube and watch southpartk online (flash streaming) Check
so for me it does pretty much everything :P (I need ) :P
it's definitely much more than a simple console :P

The USB holes are too small for... well you know, so no it doesn't do everything... yet

Maybe they will release a fleshlight attachment for the PS3? :P

LOL

not sonys fault you have a huge penis.

For sure.

With the enhancments coming to PSN this year, and the updates coming to the software PS3 will do basically anything you could want from an entertainment box. You will have music, movies, games, apps, books, comics, pictures, internet, TV, Home, 3D, Motion controlled interfaces, 7.1ch surround, 1080p, video chating, and more. In fact PS3 will do so much stuff that it will do more than you even need it to. The best thing is it is fast as hell at every task it does, and its right up on your big 46, 52, 55, 60 or so HDTV from the comfort of the living room.

In all honesty, the only thing that could make the PS3 better is if it could run multiple tasks, and do them all with better graphics, and at higher frame rates. That however will be for the PS4 to achive, and its slogan will be;

"It only does everything at once"

A PC does everything, but Sony is getting there.

I guess "Everything" must not be my thing then, cause I still don't want one.

Hell no!!   I asked it to make me a cup of tea earlier, and the damn thing forgot the sugar!!!!  Must do better!

Nothing can do everything...

As said above, the media centre aspect is quite annoying, with difficulty streaming stuff from my PC, and on-demand video services not really being quite right. Having the iPlayer is great for us in the UK, but what about ITV, 4 and 5's catch up services?

YOu do understand that it's not literally everythingt right?