Previously I was among the most adamant in bashing the PS3 for it costing too much, but at this price I will be rethinking that stance. At $300, it is competitive just as a networked bluray player! Add in the gaming capability and I think this is a good deal.
Being a Final Fantasy fan, I am glad that I can reasonably get a PS3 (which is not coming out for PC, and its looking grim for a future port) for the upcoming FF13. Killzone 2 and MGS4 are also games I would like to play...
However, I will be waiting several months to make sure there are no hardware bugs. As good as a deal I think this is, I do not trust Sony.