The PS3 is a wonderful system, but so is Xbox 360.
If you do decide to purchase a PS3, I suggest you find the older 60GB ones because those are capable of playing PS2 and PS1 games... you'll know the difference in the trim of the console.
The older 60GB that plays the older games, has a "shiny chrome" trim to it.
The newer consoles that are out now do not have the chrome trim... and they do not play PS2 or PS1 games
To find one go to your nearest, game store that trades consoles or sell refurbished ones... plus buying an older or refurbished 60GB console, will be cheaper and a lot better than the current PS3 console editions...
It's game library is cool with a lot of PS3 exclusive...
If your find interest in an Xbox 360 console.
The latest 360 consoles have a new Jasper Chip set which will bring the chance of red ring between super slim to none. Doesn't play Blu-ray like PS3, but gaming-wise, it is more than satisfactory. It's game library is wonderful.
Visually, both consoles are equal in graphical quality.
A huge rumor is hanging around both systems, that they will get another price drop near the end of the summer; like around the end of August or the beginning to mid September...
If I were you, (and since I'm thinking about making a future purchase as well) I 'd wait until September... 😉
😉