faxmonkey, yes, you are initially dinged for opening a new credit line. However if you don't, how can you build your credit ? Can't. I think if you wait a few months before each new account, it's not that bad. Initial ding, pay the card promptly, credit score goes up, etc.

#21, if you are trying to build credit, chances are they wont give you the card anyway.

You don't have to be approved right away. I got the message telling me they'd let me know then one day my card arrived in the mail. And the credit still was applied on my first statement (not sure how long after my purchase it was applied but by the time I received my bill it was on there).

I would totally hop on this deal if it was for anything else other than a PS3. Anything.

#24 - The $100 credit is good for ANY purchase over $299 at SonyStyle. You could buy a computer, TV, reciever, whatever. So please post the item you are going to "totally hop on"...unless you're just trying to bash the PS3. I suspect that is the case since you just bought a 360 a month ago.