I picked up my PS3 at 9:00 am this morning and have spent approximately 6 hours with it.

What I like:

- 1080 goodness. Once I finally got a working cable, I got to see my PS3 in glorious HD.
- The web browser. It's faster, easier and HD-ier that I expected. Very cool!
- Several cool download-able demos are available... love the MotorStorm and F1 demos.
- Photo viewer. I just popped the memory stick from my camera into the front slot and, bam, HD photos!
- Blu-Ray DVD's. Monster House looks spectacular.

What I don't like:

- The PlayStation Store is no where near as cool or as fast as the Xbox Live blades.
- Extra SIXAXIS controllers cost $50!
- No HD cables included with an HD system.
- All the games I really wanted don't launch until 2007.

More later... I'm on vacation!