Sony Lowers PS3 Price, Slimmer Version on the Way

Sony just announced they are dropping the price of the PlayStation 3! Effective immediately, the new price is $299.

Sony also announced that a new, slimmer version of the PS3 will be available on September 1st. It will have a 120GB hard drive, as well as all of the features of the current Playstation 3, including Blu-ray.

Want to find out more on the new PS3? Head on over to Sony's PlayStation blog, where SCEA President and CEO Jack Tretton shows off the new hardware in a video.