thats more of a 360 device, you can hook any external drive up to a PS3 with he exact same features (just it has to be formatted in FAT32 but still easy to do)
so really this is just a waste of $40 on the PS3 as if you were going to buy a 1tb 2.5 inch drive you would just swap out the old 2.5inch drive from the PS3. it even tells you how to do this in the PS3 instruction book and has 0 affect on your warranty as sony advises you take the hard drive out before sending the console to them anyway.
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