"Very effective, significantly less expensive"4.5 starson by griz_fan
Pros: Very cost effective
Gets the job done
Recognized by Harmony remote software
Cons: Takes up a USB port
sticks out of the USB port on front of PS3 (sort of ugly)
Won't turn PS3 on/off
Won't eject disk
Included remote a throw-away
Summary: You would have to spend a LOT more to do only slightly better than the Blu-wave. Works seamlessly with my Harmony remote. I don't miss the lack of power on/off, I'm still able to use all my activities with the Harmony, no issues. I also purchased a 10-foot USB cable and a hub, and now have the receiving unit near my TV for optimal reception and a less cluttered look.
This unit is easy to find online and in retail, it is dirt-cheap, so give it a shot.