PS3 Silm and price drop official

After much speculation, it's finally official. Sony has announced that starting tomorrow, the price of the PS3 will drop to 299 USD/299 EUR/249 GBP. Also, they are releasing a new slim model of the console that will retail for the same price coming September 1st, with a 120GB hard drive. The slim model also is about 30% smaller, lighter, and uses less power than the older version.

Many people have certainly been waiting to get a PS3 until after a significant price drop. Starting August 19th, the new price is set to go into effect at all retailers, so the time to strike is coming. It's doubtful that there will be another price drop soon for the next gen platform, so if you're in the market, the time is just about right.