The Playstation 3 is a bad system to own.

While the PS3 might not be as worth the money as the XBOX 360, it is still a good system to own. Not good enough that I'm about to buy one, but good enough that I'd be quite satisfied in owning one. First, you point out the money loss from selling PS3's. This has been the case for many systems, and I wouldn't doubt it if it was for the 360 or Wii as well. Also, the loss you listed should be much lower now, since the cost of production lowers quite a bit in the early stages of a system's life. Next, you brought up the graphics and CPU. I don't know why, since it's the most powerful console around. Then you said that many games were canceled for the PS3. While some people out there might have been looking forward to some of those games, there are no games there that look good to me that aren't also on the 360. Since I already have a 360, I would just play Saint's row on my 360 instead of buying another copy for the PS3. The fact that the PS3 doesn't have this game is therefore not a deal-breaker, since it's entirely possible to own both systems. You also said that the PS3 exclusives are not as good as the 360 or Wii exclusives. While I don't like almost any of the Wii exclusives and would argue that the PS3's are better than the Wii's, I admit that the 360 has much better exclusives. Perhaps you could say that the PS3 is less worth owning than the 360, but it surely isn't 'bad' to own, especially when you consider the advantages, which I will get to later. You then bring up Blu-Ray, claiming that current DVD's are good enough and we don't need a change. However, videophiles will have you know that there is a noticeable difference. Also, Blu-Ray is not the only post-DVD media format being pushed - HD DVD's are also a new alternative. Both are doing fairly well. And for those of us who truly cherish premium video in our movies, the PS3 is the only console to come with one of these drives, though a HD DVD player can be bought for the 360 separately. Also, with this new media comes more storage. Remember the PSX days, when some games took up 4 CD's (Final Fantasy games come to mind)? We are now approaching a time when regular DVD's won't cut it anymore for these games. With the increasing amount of high quality content in games, it's only a matter of time before DVD's just won't cut it. The PS3 is the only system ready for this. No matter how you look at it, there's nothing 'bad' about having a Blu-ray player. Next, you brought up the multiplayer capabilities. While they are not the best among the current gen of consoles, they are still good. Also, they are free, so by just 'owning' the system, you also have the multiplayer. The same can't be said for the 360, which is the only other system that gives the PS3 a run for its money. Either way, it has multiplayer, which can never really be considered a bad thing. You also may have forgotten something: the PS3 can play PS2 games (and PS1 games). The original models of PS3 even used the PS2's emotion engine to play the games, so there's a guarantee that every game will work. This is of course in contrast with the poor level of compatibility with which the 360 plays XBOX games due to por software emulation. Several XBOX games that my stepbrother and I have sought to buy for our 360's were incompatible due to poor emulation. But this ins't about comparing the PS3 to other systems. It's not about whether it's a wise financial decision. It's about whether or not owning one is good. Owning a PS2 is good, therefore owning a PS3 cannot be bad. Unless what makes it bad is the increased power consumption, which is hopefully not your stance.