Sony's biggest mistake was creating a PS3 at such an expensive price. Gimping PS2 support as a means of lowering price was also a mistake, because now the majority of your fanbase can't trade up towards your latest system, so they wind up choosing the system with the lowest entry cost which is either the 360 or Wii.
But anyway, I got the MGS4 bundle and I've had great luck with it. BC is solid and the machine is great.