Here's an ask
/. question that doesn't suck!
I can tell you the NOT answer: Netflix or Hulu on PS3.
PS3 might be OK for games.
But Netflix sucks on PS3, and the PlayStation Network requires signing in to use it, which means you have to get the MANDATORY PS3 updates when Sony decides to release a few minor features, which nobody really wants (move multiple data files at a time? did I need to do that?).
Then you're stuck waiting for Sony to give you the entire OS, re-install, reboot, sign in again, etc. By this time your date is bored, dissatisfied, and not interested in making out, because you've chosen the wrong system for watching movies or doing anything but gaming. Unless she's into gaming, in which case you've got a winner.
I'd like to try a Roku BTW. Or just an HTPC with dual boot and some good graphics hardware.