Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
But there is more it can do right out of the box and having optical media is a big plus.

I don't dispute that, but that is not what you said. Clarity is important here.

The PS3 offers much more value for money when compared to the AppleTV.

That's really a gross generalization. It really depends on the users needs. I have no need for blu-ray or video games, so why would I spend money on a PS3?
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.