When I say bad, I mean bad when it comes to the general industry consensus (metacritic), which also means that heaps of gamers are ignorant of how truly bad or good these 'bad' games are, mainly because they kept away from them. I'm here to help.
WET (PS3. Also on 360): WET is a good game. I bought it for about $20 a while back and I felt very happy about my purchase. It's a game that combines a whole bunch of gameplay elements such as Third Person shooting, a bullet time mode, Prince of Persia like plat-forming and God of War like sword combat. It doesn't particularly excel at any of those things, but they all come across as extremely solid and the game plays very well overall. The art design is great, you really get that Tarantino vibe from all the characters and settings and Rubi is a great protagonist. WET has enough cool moments to keep you interested and if you can find it for $20 or below, it's a great buy or rent.
Timeshift (PS3. Also on 360): If your looking for an interesting FPS which changes things up pretty frequently, then Timeshift is the perfect game for you. The games visuals have aged pretty well and it still controls perfectly, but it's the time control mechanic that makes everything interesting. You can pretty much pause, reverse, slow down or stop time any time you want during the game (as long as your meters filled up) and it directly impacts how you fight certain enemies and figure out certain puzzles. The story is pretty much non existent, but it's just a fun game to play and for the low price of $20 or below, it's an excellent way to pass the time.
The Saboteur (PS3. Also on 360): Buy it. This is a AAA game that was never given it's chance to shine. The Saboteur does have it's flaws, but they don't stand in the way of the amount of fun I had while playing through Nazi occupied France. It's pretty much Assassins Creed, Grand Theft Auto and Price of Persia (08) all mixed together to create an extremely fun world of witty French rebels, snarky Germans and a lovable Irishmen who you come to really like as the game goes on. I paid $18 for the game, but I would have gladly paid double that and so I highly recommend it.
The Bourne Conspiracy: It's a fun third person shooter that incorporates melee combat and stealth mechanics into a pretty epic campaign. It's a good game and if you liked SplinterCell: Conviction, then you'll probably like this game as well.
Legendary: It's bad, don't buy it.
Turning Point: Fall of Something Something: Noooooo.
Dark Messiah of Might & Magic (PC & 360)" Damn, this game is fun. It's like a linear Oblivion and I loved Oblivion, so I also really enjoyed this game which is like a non open world oblivion. It's pretty much a FPS/Hack 'n' Slash game with the usual high fantasy storyline and a few RPG elements thrown in. I played it on both the 360 and PC and recommend the PC version, though the 360 version isn't that bad of a port. It's a great game, I've seen it around for $10 and it'd make a fine addition to your backlog.
Bet with Conegamer and AussieGecko that the PS3 will have more exclusives in 2011 than the Wii or 360... or something.