I used to have a Cambridge 640c (which is the link I posted) and they used to retail at £250 but have been replaced by a newer version hence the bargain price of £119, for that price You would be getting a very good CD player.
Now I upgraded My DVD player to a DENON DVD3930 which I got Ex-Demo for £500 (RRP was £1100) which not only is it a Brilliant DVD Player but it is a extreamly Good CD player especially when used in DIRECT MODE so I no longer had use for the Cambridge as IMHO the Denon was far better.
Now seeing You have a PS3 which is OK for DVD the Cambridge at £119 is a good partner for Your CD's but IMHO if You can find a bargain as I did on something like the Denon 3930, it will do a much better job with both DVD and CD's compared to the PS3+Cambridge combination.