I know I might be late to the PS3 party, but I can still voice my thoughts right? Well right off the bat I think I'll have to say 2 things... 1) The PS3 is a behemoth in comparison to the PS2 slim that previously rested in its place, and it's about 2.5 times the size of my Wii. and 2) It seems to attract quite alot of dust..
Otherwise, set up was a breeze as its basically identical to setting up a PSP, and getting my router working with it was a snap. Out of the box it required a System Update, as usual, and that didnt take that long 5-10 minutes. And now I'm ready to set up my Playstation Network account