The PS3 will play DVDs and Blu Ray video discs. It will upscale the DVD movies to HD.
No the PS3 does not record except on the harddrive
No some DVDs are restricted to certain regions and others might not be readable by the PS3. My PS3 has no trouble reading the DVDs I make of TV programs I record on my Media Center computer and it upgrades them to near HD quality. It also played the DVDs I rented better than my DVD/VCR.
Yes the PS3 will upgrade the DVDs to near HD quality.
The PS3 will play Video DVDs
Yes, the Sony PS3 does upscale DVDs.
yes
yes you can
yes it does, i have one
Yes they do
Yes the PS3 can upscale PS & PS2 games aswell as SD DVDs
No you can not play a Nintendo Wii game in a PS3
PS3 do not play DVDs from other regions that are not for all regions