PlayStation 3 as Blu-ray player, how does it rate? - Engadget HD

In the last 24 hours, Ryan has decided he would like to buy a
Playstation 3 with all the cash he's been hoarding. :-) Actually,
he's made a deal with me where we (Mom and I) will pay for $120 of
the PS3 and it will then be used as a Bluray player in the soon to be
named Victors Theater.

Here is some current PS3 info I ran across: CLICK HERE and HERE

MORE HERE but it isn't so current