Anonymous
1. It can play Blu-rays
2. It can play DVDs
3. Listen to music
4. Watch videos (AVI, MP4, etc)
5. Use internet browser (awfully outdated)
6. TV and Film rental services
But it's not possible to have Custom Soundtrack, Game Data Install, Party Chat or whatever like on Xbox 360. It is however, if the developers allow the features.
Phade3 is giving false information, DVDs can't go "High-Definition" they're upscaled, which can be done on Xbox 360 and PS3. Xbox 360 has HD-DVDs but the tech is dead, although it's cheap so you may want to check out its HD films/series available on HD-DVD.
Phade3
The PS3 has a blu-ray dvd drive and currently is the only video game console that can play high def dvd's !
Features include: Gaming, Music, Photo's, and 3D gaming plus the Playstation Network (online gaming and social community ...free to use but also has a premium addition), MultiMedia ( Blue ray dvd movies, high def content streaming 1080p, theater quality audio, BD-Live (Blu-ray Disc Profile 2.0) Get even closer to movies with downloadable bonus content, movie-based games and more special features. And you can only experience it with BD-Live.), Backward compatible Enjoy your existing DVD movie collections on the Blu-ray player as well.4 Or, for a vibrant HD-quality experience, upscale your DVDs to HD quality.5
Internet browsing, Remote Play with PSP and PS VIta hand held systems and online features !
Lastly the PS3 has parental controls to secure against kids viewing content not suitable for them !
Dalton
I own an Xbox 360, there not to great most people take pride in them I do not there horibble buy a ps3 better features more Gigs, graphics, more downloads more free content, Internet/ ps3 online is free.
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Some games can run at 1080p
Built in blu ray D.V.D player.
Some can play PS2 games
You can connect to the internet on it
You can play and store music on it.
Different memory sizes from 80Gb to 320Gb
You can rent movies and use Netflix and other media content.