It looks like Sony is confirming the worst kept secret in console history with the announcement of the 40GB Playstation 3. The new PS3 is set to drop on November 2 at the price point of $400, which will be the lowest cost of any of the PS3. Also there will be a price drop for the 80GB model from $600 to $500, which is effective immediately.
Now the console wars should start to get interesting!!!
[WSJ via Giz]
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