Getting my ps3 in 2 weeks now, with cod4 and resistance fall of man or whatever its called, got an extra controller, getting the hdmi cable tomorrow, so all set to go, just need some online friends now. I would recommend getting a hdtv when you can afford it, the gaming experience is so much improved, get surround sound too it is amazing, I know RE5 is due out for the ps3 but rumour has it it wont be out til 09, not really sure what else to get, as long as you have the basics your away really.
call of duty 4 is around £40 check out
www.play.com