Recent reports indicate that the Playstation III may not be ready for prime time. At a Tokyo game show testers revealed that game play was sometimes erratic with reboots needed. SONY stock dropped on this news.
For parents having trouble sorting through all this my son has a Video Game Summary he did for me here.
Joe Duck 
my ps3 dont want to read any game cd. what may be the problem?
Could be many things william but I’m guessing a bad or dirty laser. Check SONY.com for support info
The interesting thing is that the Wii, for all its simplicity and the derisive comments made by serious “gamers” continuous to blow the competition out of the water on sales. It was widely derided by gaming experts when it was launched for its lack of technical prowess, but neophytes loved it then and love it now and merchants can’t keep it in stock.