The Z model has an optional Blu-ray Disc (BD) optical drive for enjoying, creating and storing high-definition content.

ENGADGET: Sony bumps out Vaio Z, F, W and Y series laptops

The new PS3 continues to offer the cutting-edge features and functions of the current models, such as the ability to enjoy high-definition Blu-ray disc (BD) movies and games, as well as various content and services downloadable through the network.

ENGADGET: Sony unveils slimmer PS3: $300, lands in September (updated!)

Blu-ray, Blu-ray 3D and BD-Live are trademarks of Blu-ray Disc Association.

ENGADGET: Pioneer's 3D Blu-ray compatible, Netflix streaming player triumvirate now shipping

The Intra-Hybrid Blu-ray Disc (IH-BD) incorporates a single BD-ROM layer and a single BD-RE layer so as to enable the user to view, but not overwrite, critical published data while providing the flexibility to include relevant personal data on the same physical disc.

ENGADGET: Blu-ray Discs expand to 128GB under new BDXL spec

However, because the new media specifications are extensions of current Blu-ray Disc technology, future BDXL and IH-BD devices can be designed to support existing 25GB and 50GB Blu-ray Discs.

ENGADGET: Blu-ray Discs expand to 128GB under new BDXL spec

Pioneer is expanding its current line of BonusView Blu-ray Disc players to now offer a complete lineup of models with full BD-Live capabilities.

ENGADGET: Pioneer intros BDP-120 / BDP-320 / Elite BDP-23FD Blu-ray players