Wait for E3.
My PS3 broke down twice, I purchase it at the beginning of 2007 I believe, broke within a month, sent it to Sony and got it repaired. During the beginning of 2010 it broke again, just my luck.
I haven't gamed in a longggg time due to school (I go to school away from home & its engineering so I don't have much time to do anything besides study). I am going to wait for E3 since I think Sony has something coming up their sleeve, like a new special bundle or a slight reduction in price or newer modified faster models that are slightly better overall or something like that. If you can wait till April 29th, you can wait till June - July :P.