This remote does exactly what it's supposed to, I have no problems with. With that being said, unless you plan on watching a LOT of movies on your PS3 this remote isn't really necessary, the layout of this is remote is very standard, play, rewind, fastforward, stop, etc. If you plan on watching a lot of movies then this is probably worth the money as it is very convenient, however if you only use you PS3 for movies once a while then you can most likely get by using your controller.
In the old days controllers had wires and using them as remotes was tedious at best, however with modern gaming came wireless everything, and with a PS3 controller that does the same thing as a remote except the bottons aren't marked it's hard to justify spending $20 on something that you most likely won't be able to find half the time anyway (ever lose the remote?).
Bottom line it's convenient, however if you don't plan on using your PS3 as a media center it's redundant.
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