At this point in time, the new generation of video game consoles have all been released by the major manufacturers (Sony's PS4, Microsoft's Xbox One, and Nintendo's Wii U). While some systems easily become obsolete with the arrival of new consoles, the PS3 is unmatched in terms of its value:

PROS:
- incredibly large library of games that also happen to be very cheap; the best titles on the system can be found for fractions of the price of a newly released current gen. game
- excellent media player: the PS3 has apps for Netflix, Hulu, Amazon Prime, BBC, NHL GameCentre, NBA and MLB. It can also stream videos and music from your computer/home network
- CHEAP. You can get a PS3 for less than $150 nowadays, cheaper if you buy one when it goes on sale, or you get it used
- free online multiplayer; unlike the Xbox 360/Xbox One/PS4, the PS3's PlayStation Network is completely free-of-charge. You can play in a ton of games that offer online multiplayer for free without having to purchase a membership.
- At the same time, PS Plus is a paid membership that offers exclusive perks like: FREE games EVERY month (kind of like Netflix, but the selection is more limited and changes every month), extra discounts on games when they go on sale, and exclusive access to betas and full trials of games. It's definitely worth every penny; you can honestly get PS Plus with a PS3 and not have to buy any other games. PS Plus is also cross-compatible, meaning you also get games for the PS Vita and PS4.

CONS:
- there is no IR sensor, so it's not compatible with universal remotes unless you buy an adaptor/dongle by Logitech
- UI or User Interface leaves a lot to be desired (i.e. it could be better). Because this is now a console that is going on 8 years old, the user interface can seem quite clunky and laggy at times. This is because the Operating System of the PS3 evolved over the years to meet players' needs, but system hardware did not (obviously). There is not enough memory or RAM to dedicate to just the UI, so concessions had to be made to the fluidity and responsiveness of the console.
- PlayStation Store also suffers from the hardware limitation; it looks nice though
- No universal party chat (this is a feature on the new PS4, but requires a PS Plus membership to play online now)


All in all, the PS3 is an amazing system, and can provide thousands of hours of entertainment. It's definitely still got a few years left, and support for it won't be going away anytime soon.

bought mine 7 yrs ago and it has survive until now. Thing is my family plays it nonstop. Love the Kinect sports games. My other fav game is battlefield.

The PS3 is great! We use ours to play games, as well as watch Blu-Rays. No need to buy a Blu-Ray player. We've had ours for over 4 years, and it still works just as good as the day we bought it.

best thing to ever happen in my household!

My brother has this and I love it I like to watch movies on it lol.

I am an avid gamer and own pretty much every system out there old and new. The PS3 is one of my favorite systems. The menus are clean, the library of games for it is phenomenal. It is especially great if you are an RPG fan as there are a lot more exclusive ones for the PS3. My one and only complaint is the download/update/install times. These can be a bit of a drag when you just want to get into the game to play it.
BONUS: It is also an awesome blu-ray player!

The PS3 is a fantastic product and a great addition to our household and i cant wait for the new one to come out.

The PS3 is a fantastic product and a great addition to our household electronics. Not only is there gaming but there is sooooo much more! Totally recommend for family entertainment,

loveeeeeeeeeee the playstation, free acces, good video chat, good options everything is great, blueray , what could we ask more!!

I LOVE our PS3. Even if you are not a gamer this is a great addition to your entertainment center. I use it for Netflix, to browse my media from my computer, and surfing the web as well! I am excited to see what Playstation comes out with next!!