There are several ways to connect your PS3 to your computer setup. I personally have an HDMI to DVI cable for video, and use an Optical HD audio cable for my speakers (another one of those things the 360 doesn't have).

A newer monitor might have an HDMI connector itself, wherein you can connect your PS3 to your monitor, then through the monitor to the speakers via HDMI.

You can use your standard Red/White audio cables for sound while using Composite, Component, or HDMI for video.

There are converter boxes and cables for vitrually any configuration you can imagine, which means you can plug your PS3 into virtually everything, whereas on the 360 depending on your model, you can be very limited in what you play on.

i sold my xbox360 for 1 reason: i didnt like it.

Actually the X360 does have optical audio...

 I only pay 40... and I get more benefits than just the ability to play online or did you forget the fact that gold users were playing Resident Evil 5 two weeks before PS3 and Xbox 360 Silver members.  While I do have a wifi I would prefer that I had wired... playing Wifi is like playing with fire... you will be burned eventually.

edit:  I think you'll see that wifi is a goner soon enough... it'll be the next thing on the chopping block to reduce cost.

 right... and we all beleave you...

i think they could easily get a couple more
4. viva pinata. there i just go them another one

Xbox Live is the major advantage especially when the NXE came out, PSN doesn't evan come close though home has alot of potential.