Scam? Should I purchase?

So yesterday morning I see an awesome offer for a ps3 on craigslist. To make a long story short, I want to know if I should continue on next to this transaction.. Here the email I recieved from the person...

Date: Mon, 16 Jun 2008 12:26:32 -0700 (PDT)

Actually right now the only form of communication is the Internet for me. I ordered a contemporary phone that should be in any day now . Give me your number so that i can tolerate you know the new number ill be receiving. For presently I will be checking my emails very frequently. As soon as i receive the money i will give you a a tracking number which you will be able to check the status of your system and where on earth it is as it makes its way to you. Send the money to :

Monny Villa
*ADDRESS(i removed it of course)
Phoenix AZ 85043

My fiancee will notify me as soon as your money arrives. Make sure that you informe me what your number is.

The transaction would be cash one and only, and I have an address..should I do it?
I wouldn't do it, but I'm not a trusting person.
I would individual try it if I could use a credit card, in which case, I could cancel the transaction....if it turned out to be a scam. -Awesome accord
-No phone number
-Cash only
-What the heck does the fiancee have to do with it?

All of these are red flags.
Can you pay with PayPal or something else explicitly guaranteed? It sounds a little strange, especially since they want cash only. If you estimate about it, if you bought it on eBay you would just have the e-mail and you'd transport the money first before you get the tracking #, but eBay you can use PayPal and such so you don't get screwed. I would be careful. No cash transactions, ever.

But perhaps more importantly, I've never understood why anyone would resort to craigslist, which is one of the most scam ridden sites surrounded by existence.

There is nothing at all that recommends this transaction. It may be legit, Mr Villa might merely be in an awkward situation, but your chances are low.
Sonds ok to me! Umm.. dosh only. How so? Cash should never be sent by mail. Never. Not at all. Someone could steal it out of the envelope but even if that wasn't an issue later you need to consider that if you send cash or mitt cash to someone there is NO receipt that you salaried for anything so you would be handing money to someone and getting nothing (not even your ps3) in return.

If someone requirements to handle business over the internet, that's fine - so long as they are able to process legitimate financial transactions such as credit cards.

Sounds approaching a scam to me.
SCAM!!!!!!! Never distribute cash to anyone in the mail. You can try it but I bet you never see the PS3. Cash and check - no recourse. I wouldn't do it.
Considering that a PayPal account costs very little, I would surpass on any cash transactions over the Internet.