Ah yes, the PS3. Given the price, I settled and purchased one. The web browser seems a little limited (does not go full screen, does not support flash, etc.) but it seems the best out there right now.
There are thrid party products available... Play On (http://www.themediamall.com/playon), for example, lets you watch Netflix, Hulu, CBS, YouTube, CNN, ESPN and more on your TV. It is software that resides on a networked server and works through the PS3. It would have been great if I could load it directly on the PS3 (120gb - lots of room), but I am guessing Sony has all kinds of proprietary blocks in place to maintain control over its product.
I would be curious to hear from anyone about what other options are out there - we seem to have the technology these days to no longer have to rely on the stupid Cable Company and their outrageous charges.