Sony Playstation 3 Console with Controller (PS3)
Sony has announced that the PS3 will use Blu-Ray discs as its media format, which can hold six times as much data as current DVDs. The PS3 will also support CR-ROM, CD-RW, DVD, DVD-ROM, DVD-R, DVD+R formats. Sony has confirmed that the machine will be backward compatible all the way to the original PlayStation -- you'll be able to play all your favorite games without keeping all the old systems.