I'm still going to wait for the next price drop before I pick up a PS3. The most important reason is that I don't have $500 to spend on a new console (especially since I picked up a Wii in April and I can't justify buying another console for at least a couple more months). My PS2 works just fine as a DVD player and last-generation games are still fun.
There won't be any must-buy PS3 titles for me until MGS4 and FF13 come out next year. By then, I'm hoping that I can snag a PS3 for $400 or maybe less.
I really want to play Little Big Planet too.
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