I'm with Darth Yoda on this one - Sony are placing too much emphasis on Blueray, and I'm not convinced it's enough to justify the significantly higher price.
Admitedly, the price of a new standalone Blueray drive today would set you back the best part of the price of a PS3, if not more. So, if you're an early adopter then maybe it would make sense. However, the AV snobs I work with whom I've spoken to have all said that they'd rather stick pins in their eyes than watch a film played through a console. Personally, I can't see the difference between watching films through a PS2 or an XBox and watching it on a standalone DVD player, but they assure me it's just cause I don't know what to look for.
I was going to say that maybe the Cell would make the PS3 worthy of its price tag, but then I remembered
this article, so I think I'll keep quiet.