I don't think the SIII is ~quite~ as good as the PS3 in terms of graphics, but yes it's the fastest (or close to it) phone in the world right now. Unfortunately, if you live in the US, the processor will be a Snapdragon S4 (which is a dual core, but still very fast), as opposed to the Exynos 5250 that Samsung made (which is a quad core). Any high end phone in the US is pretty much forced to use the S4 right now, because their aren't any quad core processors that have LTE connectivity, which is the new "thing". Apart from the SIII, I would recommend the HTC One X. It's a very good looking phone, and has roughly the same specs as the SIII. The Samsung Galaxy Note 2 is rumored to be coming out fairly soon with an upsized screen (from 5.3" to 5.5"), but I wouldn't put too much stock in rumors. All of these have an 8 mp camera, and the HTC One X and Galaxy SIII I know for sure have 16gb of internal storage.