It's not the PS3 - check it out at
IGN. It's called the PSX - a tv recorder + DVD+R/RW and -R burner with a built-in PS2 (and, because of PS2's backwards compatibility, a PS1) and 120GB HDD. Looks nice, but I doubt it'll be anywhere near affordable.
If they brought it out for round 300 though, I'd so buy one in a sec. Been holding out on getting a PS2, but this would push me over the edge. Think of the possibilities modding one of those - wouldn't even have to upgrade the drive if a team made it so games could be backed up to it