Well, the best home entertainment system just received another price drop. New box, with no PS2 compatibility (who cares) and a only 40G drive (who cares, I have all my media on my PC and can stream it over WIFi to the PS3) is to be released in October. At least in Europe. I assume it will be available in the US soon as well.
A $399 Blu-Ray player with excellent media center capabilities, and we can create AVCHD disks on our DVD burners no problem. This can't be anything but good news.