The best PS3 version to date.
It is one of the two models released that has full hardware supported backwards compatibility using the Emotion Engine. The only other model that employs the EE is the 20gb version which is the most stripped down version of the PS3.
Though the 60gb PS3 has been discontinued it is still the best version as it is the only "full" version of the PS3 with full BWC.
Currently the 2nd best version of the PS3 that has been released in my opinion.
The WIFI has been upgraded slightly, and it has switched to using a 45nm processor rather than the 60nm processors employed by the other PS3's.
There are only two drawbacks to this model (besides the obvious smaller HDD), which are: Only having 2 usb ports, and there is absolutely no backwards compatibility for PS2 games.
