MSN.UK has reviewed Sony's Playstation 3 console going on sale March 23rd in the PAL region. In their review the bring up valid points and a great conclusion to their article. Here are some quotes:
The key thing to know about the Cell is that it has the juice to run a new class of gameplay physics that will allow developers to create spectacular effects and eventually provide a whole new depth of realism to games. Cell is paired with PlayStation 3's RSX 'Reality Synthesiser' graphics-processing unit -- a gargantuan 550MHz, 300-million-transistor graphics chip based on Nvidia's GeForce 7800 GTX graphics technology."