Ok, great news, got the media center correctly linked up. Even though I put all my files in a public folder used for sharing, the folder wasn't setup for public sharing...go figure.
Just using the PS3 as a media hub brings a whole other value to the console. I also used Netfilx about 5 years ago for $20, but never was able to watch enough to get my value out of it, but for $8 over the PS3 - that could very well be worth it.
Didn't I hear that the selection of the Netflix through the PS3 is kind of limited though???
The next thing I would like to see is the PS3 or some other WiFi enabled Blu-Ray player with a hard drive be able to record as well. I know my CPU can if I was able to get the connection for it to receive a signal, but why not just have the PS3 record what your TV is receiving.