Overwhelmed by all the latest 3DTV news? CNET breaks it down in their 3D TV FAQ. Definitely worth a read.

The good news:

• Lots of TV makers are on board. We can expect models from Panasonic, Sony, Samsung, LG, Vizio, Toshiba and others.
• There should not be a format war. All major players have agreed to support a single 3D system, and may even support existing, PC-based 3D systems. Nice.
• 3DTVs should not cost more than existing high-end HDTVs. Vizio has even announced specific pricing - starting at $1999 for a 47" model - available August 2010.
• Discovery and ESPN will both have dedicated 3D channels and Direct TV is launching three channels of its own.

The bad news:

• None of the TVs currently on the market will support the new format, even TVs claiming to be 3D ready. Although many TVs already run at the 3D-required 120Hz or higher, they are unable to accept 120Hz signals. Boo.
• 3D will require new HDMI 1.4 cables.
• Both Toshiba and LG estimate the price of 3D glasses will be around $100 each. Some TVs may include one or two pairs in the box.

The PS3 question:

• Current Blu-ray players will not be able to play 3D (expected), with the exception of the PS3, which Sony claims will be upgradeable via software.
• However, the PS3 does not use HDMI 1.4, which all makers have said is required for 1080p 3D. So either Sony has some magic voodoo, or the image will be less than full 1080p.

Lots more info in the full FAQ at CNET.