Finally got my hands on a PS3
No.. not at the store demo kiosk. A friend (Bob) who got lucky last week while at Best Buy gave it to me!! The graphics are too good. Played Ridge Racer 7 and the response is stunning!! You got to experience it to believe.
The setup is simple, though I had hard time working with the on-screen keyboard using controller (SIXAXIS what they call it). Wireless setup, patch updates were straight forward. There are no startup delays or BD loading issues, The system boots in about 8 secs and the OS recognizes BD disk instantaneously and loads the movie or game in no time.
Only issue I have is with the SIXAXIS controller. Had freeze issues, and unresponsive dialog when quitting a game or trying to shutdown console/system. Seems to be a software issue rather than the controller or the Bluetooth interface. Hoping that Sony release a patch soon.

Motion detecting controller
It rocks!!!