I use it to watch all my movies. I attached a 320GB external HDD drive to it and watch DIVX or AVI format movie through PS3 onto my big screen TV.
Too bad it doesn't play MKV format, nor does it accept anything but FAT, else it'd be a perfect all-in-one for me.
Soriku (Feb 10/08): In 5 years the PS3/360 will be dead.
KH3 bet: "If KH3 comes to Wii exclusive, I will take a 1 month of sig/avatar by otheres open a thread apologize and praise you guys' brilliance." http://vgchartz.com/forum/thread.php?start=50&id=18379
Original cast: Badonkadonkhr, sc94597 allaboutthegames885, kingofwale, Soriku, ctk495, skeezer, RDBRaptor, Mirson,