From PC World : "Sony's PlayStation 3 with controllerFrom the outset, Sony has considered the PlayStation 3 an all-around entertainment console, with tendrils that extend well beyond the realm of game play. Perhaps chief among these is its support for the Blu-ray Disc format, which lets you play high-definition movies. But can the PS3 perform competitively with stand-alone Blu-ray players from consumer electronics makers?
The short answer is yes. In my initial hands-on tests, the PS3's Blu-ray Disc playback was very good--even better than I'd anticipated. (If you're impatient to read my first impressions of the PS3's image quality for Blu-ray Discs, skip ahead to "Sublime Video," past the interface discussion.) However, this is not an unqualified endorsement; in fact, I found several drawbacks that may give audio-visual enthusiasts pause."