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ive had this for quite some time now, and i love it. i use it daily and its still on the second set of batterys since i bought it. itll work with DVD, Blu-Ray, Netflix, and general navigation of the system. it must be paired with the system its all step by step from the system and takes just moments. would like to see backlighting but when you use it as much as i do you know where the buttons are. also since this is BlueTooth it does NOT have to be "aimed" or even in the same room as the system.
I think it is worth it. I hated the ps3 game controler to do the movies. My wife dosn't play the games and didn't use or understand the ps3 controler. A standard remote is simple to use.
The family and I watch lots of movies and when the DVD player quit working, the PS3 took up the slack. After about a week of using the gaming controller to play movies we all wanted to throw it at the tv. Picked up the DVD remote and found it to be very useful. Yes it would have gotten a better review if it had larger buttons or if the remote was back lit since we watch movies in a dark room but all in all it is a good product and very necessary if you watch lots of movies with the PS3.
Search Sears.com
for PS3 Blu-ray/DVD Remote prices