My posts are screened by Mods donno how fast this one will post itself...
ill help you divide your money...
buy a xbox 360--arcade--16000/- will be cheaper say around 10,000/- if u know someone in US.
mod it ...
then games are 100 bucks to 150 bucks a piece ...so u will be able to buy 20 games for the cost of one killzone...maybe more...
if you are such a fan of killzone,gow etc then jus ignore this post....
and yes for the 26000-16000=10000 buy a old PSP and mod that too
and download all the games you can from the net

my two cents
your money ..your life
wait for blu ray players for a few yrs
presently they are too expensive (and media is also very expensive 50/bucks for a moserbaer DVD and 1500-2500 for a BD of the same Movie)
the tech def has potential for the future..but right now its that ...the future....
if you are into High Defbuy a NMT ...(google it)
and download all the hi def movies from the net for next to nothin(and for those who say ps3 also plays movies from the hard drive....it does not play MKVs which is the defacto HD movie format on the net)
anyways have a nice time
gameon