Next to Microsoft's X-Pox the Play Station has always been miles ahead.

The 40GB is not the best, because it cant play PS2 games, and it only has 2 USB ports. Its a nice console if you have a PS2 also though

I like it its ok

Brilliant! enough said....

I recently purchased the 40GB model. It doesn't have the backwards compatibility (which was a shock), but you don't by a PS3 to play PS2 games in my opionin. So far i'm very impressed with is versitality. I installed windows XP onto it and its bascially my desktop computer right now, with the exception that its attached to a 52 inch DLP :). So now I own a ridiculously over powered PC and a sweet decent console. Hey what more could you ask for? All I know is that the 360 can't do that, and they are windows :P

I dont like how it doesn't have backwards capability, as I have alot of PS2 and PS1 games. Also only having 2 usb ports is a problem, but can be easily overcome with a 4 port usb splitter/hub.

I love my 60g, I love Sony products, but I have to admit the 40g sucks when it comes to features. Even if the price is slightly lower than the 60g when I bought mine, the difference between the 2 isnt worth the price drop. I rather pay out right for a ps3 60g with all featuer than pay less and get a 40g with fewer features.. even though I have a PS2 still up and running right next to my PS3,its nice to play my PS2 games on my PS3 upscaled......

Currently the 2nd best version of the PS3 that has been released in my opinion.

The WIFI has been upgraded slightly, and it has switched to using a 45nm processor rather than the 60nm processors employed by the other PS3's.

There are only two drawbacks to this model (besides the obvious smaller HDD), which are: Only having 2 usb ports, and there is absolutely no backwards compatibility for PS2 games.

the best console since ps2, i payed 450.00 euros