Using the PS3 as a bluray player is awesome!
The fan is whisper quiet... really it is! If you've ever heard, say, the fan on the XBox360, then there's just no comparison.
The fan speed is also dynamic, which means that almost all of the time, you're not even aware there's a fan running. Occasionally, if the PS3 unit gets hot, then it will speed up, and *sometimes* you'll hear it get slightly louder for a short period of time before it quietens down again.
I still haven't got round to buying a remote for my PS3... i'm still using my PS3 controllers (admittedly not the most convenient of ways to do it, but it's still easy to use)
As for the looks... well... it's shiny black, and I think it looks ok if you keep it along side all your other peripherals that plug into your tv
The key things are:
- the PS3 is one of the cheapest ways to get a (very very) good bluray player
- unlike most other bluray players, you can update the firmware to access new bluray features
- plays all your other media, including DivX/XVid movies
- you get a really good games console as an added bonus
