The ps3 is a great system in my opinion. The ability to play classic ps1 games and ps3 games is great. I really appreciate being able to play older titles not on the playstation store. The game system is old now so that is a draw back. I highly recommend if you cant afford the ps4.
I have rarely enjoyed something as much as I have enjoyed my Playstation 3. I played mine into the ground. The games are fairly cheap for great graphics and smooth gameplay. The media center runs very well and allows for family fun. To play games online is completely free and you don't have to worry about yearly fees for great fun. I have owned my ps3 for 5 years and couldn't ask for a better experience!