Is The PS3 Worth $600?

Okay, so today was the big day for all the nerds, geeks and weirdos. The average gamer, who I like to describe as a part-time gamer,who usually spends 3-5hrs a month playing videogames most likely will have more sense in their head and wait a year or two than to go out a spend all this money. I mean seriously $600 for videogame machine?? You got to be joking, what can it possibly do that will blow my mind away? The Blu-ray thing is useless, the graphics are equal to xbox360's For $600 it better do your income taxes. Sadly though, there are many who go to the extreme and would actually spend over $5,000 to $10,000! The way people workship and live for the cheap thrills that technology and entertainment offer is pathetic and creepy. There has to be a balance or something.