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  PS3 is like the Xbox 360, but with free online play
Time: 11:05 EST/16:05 GMT | News Source: *Linked Within Post* | Posted By: Brian Kvalheim

Even Santa may have trouble finding Sony's latest bundle of video gaming joy — the long-awaited PlayStation3 — which hits store shelves Friday. This next-generation console has already created a frenzy among gamers, who've snatched up preorders online and at local stores. But is the PlayStation 3 worth all the hype? Here's what you need to know about the system: What is it? A "next-generation" console that promises games worthy of the latest high-definition televisions. The PS3 is available in two versions, a $499 base unit and a deluxe $599 version — guess which one your kids will want? — both of which feature a Bluetooth controller, a Blu-Ray disk drive and standard Ethernet port. For the first time, PlayStation also has a hard drive, 20 gigabytes in the base version vs. 60 gigabytes in the deluxe unit.

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