Yes. To replace the bulb costs anywhere from 250-700 dollars. DLP is not new technology, all it is-is projection screen technology, just like in your tube TVs. Websites, tech people will try to say otherwise and provide you with all kinds of fancy techy looking words and stats but don't believe it. DLP is just projection screen technology that is smaller and just updated with modern times. That is the reason DLPs are so cheap. You can get a 67" Mitsu for 900 bucks. The bulbs go out within 5 years. Sorry man.
I should clarify. Video gaming systems will all drop eventually, as new ones will comes out and will force prices to drop. Go ahead and pick up the PS3 when it goes on sale. Reading it over I worded that pretty bad I suppose.
Also guys if you want a bluray player, might as well just buy the PS3. It plays blurays, dvds, ps3 games, and can be hooked up to your internet you have at home for no additional cost. That way to can purchase movies and stuff online through your PS3.
Mainly bluray players are a scam. Those prices will always be way way above cost.