NEW and so confused/nervous!

[sudbury78]

Happy 2008 to everyone!

Hi Everyone: I have been a lurker for about 2 weeks and am so anxiously waiting for BLU to trump the other people. I have an xbox 360 and was tempted to buy the add on but held back because my gut tells me we will be a BLU world. With that said this is my situation and I would love the support from you awesome people.

42 inch Sony LCD 1080I (3 years old) My condo's niche only allows for 42 inch (bummer)
Xbox360 connected with HDMI
Upconvert DVd player connected with HDMI
Panasonic Receiver 5.1, 3 years old, NO HDMI slot

I would like to take advantage best I can with what I have with the exception of buying a new receiver. I have no problems buying a new one with HDMI but dont NEED 7.1 as I am in a 2 bedroom condo with neighbors!Buying a new TV is pointless as i have nowhere to put it!!

SO, Do I purchase a PS3 or a stand alone bluray player. I keep reading that the PS3 is the way to go but also notice that certain audio jargon isnt possible with the PS3, and that may not matter with my sound system. Hence the utter confusion!!! Yes, its another game platform that I can use but I dont see myself at 30 years old buying games for two different platforms, but who knows. Let's say 1 year from now, will be I happier with a stand alone or the ps3 as this BLU technology advances.

SOOOOO CONFUSED.