It’s got nex-gen sound, too.

Dolby Laboratories — the people who make music to your ear — announced that in addition to supporting Dolby Digital 5.1 surround sound, Sony’s PlayStation 3 will also support Dolby’s TrueHD sound for “decoding up to 7.1 channels for playback of movie titles in the Blu-ray Disc format.”

Some quotable text from the release:

“The launch of PlayStation 3 represents the next chapter of gaming and entertainment,” said Izumi Kawanishi, Corporate Executive and Senior Vice President of Software Platform Development Division, SCEI. “Dolby TrueHD and Dolby Digital 5.1 complement the tremendous innovations delivered through PLAYSTATION 3, which offers the best possible high-definition entertainment experience.”
Source: gametab.com