Yahoo’s Financial team is out to tell you what gifts not to buy this Christmas, with the PlayStation 3 on the top of the Grinch’s list.

Yahoo doesn’t think that coal is such a bad Christmas present, since it not only lasts forever, it also doesn’t need any replacement parts. These are features that the PS3 is apparently lacking.

Anne Kadet begins:

Roaming store aisles, it’s easy to come up with a list of gifts that qualify as the new lump of coal.

And Sony’s console is at the top of the list. Why? Its controller. Oh yes, wait for the reasoning…

It’s all fun and games until the battery dies. Unlike its competitors, which use replaceable AA batteries, the PS3’s remote control is glued shut. When the battery goes, Sony customers have to blow $55 on a new controller.

Sony says there’s an “environmental benefit” since gamers don’t have to toss their batteries on a regular basis, but Isidor Buchmann, president of battery-equipment maker Cadex Electronics, says captive batteries are becoming common because it’s cheaper for companies to eliminate the battery housing and hatch.

And so concludes Yahoo’s reasons for not buying a PS3 this holiday. Hands up if the battery for your controller has died. Anyone? The PS3 controller’s battery is said to have a life of around 5-8 years and though its chrageable life may start to waver after a few years, you’re not going to have to go out and replace it any time soon. Indeed, in 5 years you may have bought countless AA batteries – a sum that would surpass that $55 a new controller costs.

In other news, the PS3 won the best Home Cinema Gadget 2009 in the sixth annual Vodafone Pocket-lint Gadget Awards.

Oh and by the way, you can replace the battery in your PS3 controller, with a $5-10 replacement. Just use a…screwdriver. Merry Christmas Yahoo, powered by Bing (owned by Microsoft)!