The PS3 is, by far, the best Blu-ray player you can buy.
I have a PS3 and a Sony BDP-S300 and the S300 takes 20-30 seconds to open the tray and another 30 seconds or more to load the disc.
The PS3 behaves just like a traditional DVD player - instantaneously.
Updating the firmware on any player that doesn't have ethernet is a pain in the ass.
Also, the PS3 is profile 2.0 compatible which makes it pretty future proof. I don't think that the BD-P1400 is 2.0 compatible.
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