Editor's Note: This information was taken directly from the Sony website.
Hard Drive: 2.5' Serial ATA (500GB)
Communication: Ethernet (10BASE-T, 100BASE-TX, 1000BASE-T) IEEE 802.11 b/g Wi-Fi Bluetooth 2.0 (EDR)
I/O: Hi-Speed USB (USB 2.0) X 2
Dimensions: 290mm (w) x 60mm (h) x 230mm (d)
Weight: Approximately 2.1 kg
CPU: Cell Broadband Engine™
GPU: Reality Synthesizer
Removable Media Slots: None
Power: AC 120, 60Hz
Backwards Compatibility: Due to the availability of an extensive line-up of PS3™ system titles, the 500GB PS3™ system is not backwards compatible with PlayStation®2 titles, but does maintain backwards compatibility for some original PlayStation® titles.
The PlayStation 3 offers free online gameplay through the PlayStation Network.
Many publishers and developers have issues porting games to the PS3, and most multiplatform games suffer major bugs and glitches on this console.
Although it's a last-gen console, the Sony PlayStation 3 is still among the best gaming systems thanks to free online gaming and a huge roster of games.