PS3 Price Drop, Slim Model Listed by Retailer

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Update: And just like that, the PS3 Slim and accompanying price drop are official.

With Sony's GamesCom press conference less than an hour away, it appears that Kmart has jumped the gun on the expected announcement of a PlayStation 3 price drop and the so-heavily-rumored-that-it-is-all-but-confirmed PS3 Slim model.

Kmart lists the PS3 Slim at $299, with the retailer further specifying that the new model will pack a 120GB hard drive and will be available next Monday, August 24. It all sounds quite likely, minus the sudden release date, but we're bound to hear more soon.

At present, the cheapest version of the PlayStation 3 hardware sells for $399 and comes packed with an 80GB hard disc drive. Expect more details very, very shortly.

Chris Faylor was previously a games journalist creating content at Shacknews.

From The Chatty
  • reply
    August 18, 2009 9:23 AM

    thats pretty close to the price of a bluray player. does ps3 have good bluray playback?

    • reply
      August 18, 2009 9:25 AM

      It's extremely good from what I've read.

    • reply
      August 18, 2009 9:25 AM

      knowing sony, they'll remove blu-ray movie play back on this

      • reply
        August 18, 2009 9:32 AM

        You know Song? How they doin?

      • reply
        August 18, 2009 9:35 AM

        I am all of a sudden extremely interested in what you have seen that would make Sony seem likely to remove Blu-Ray movie playback from their console system.

        • reply
          August 18, 2009 9:38 AM

          they took out ps2 support on some models right? some have media card readers, some dont, other than that...

          i like my ps3

          i <3 my pc

        • reply
          August 18, 2009 9:59 AM

          Well unless they completely drop the only other PS3 SKU in production (80gig), they are going to have to gimp this in some way so that the more expensive console is worth the money. Backwards compatibility is already gone, as is the media card reader and SACD support, and it's already down to 2 USB ports.

          Now consider the fact that the Slim PS3 has added features in that it is, well, slim, and has a 120 gig hard drive. A size reduction is something people usually pay MORE money for, especially when the other features stay the same or improve (like the ds lite or ds-i).

          I really don't think Sony wants people to buy this console. They just need to have something cheap out on the market, so something has to go on the slim model to make $399 SKU seem like a good deal.

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          August 18, 2009 10:03 AM

          Why? How would you be able to play games that come on Blu-ray (like MGS4) ??? Plus, they're trying to get blu-ray mainstream....anyways, let's wait for the press release. Hopefully they'll bring back PS2 emulation with it. (I can dream, right? =)

        • reply
          August 18, 2009 10:06 AM

          It's a cynical view, but it's the stereotypical Sony consumer electronics modus operandi. Charge more for more features. Lower the price, but remove an ancillary feature at the same time (note that they did this for PS2 backwards compatibility).

          • reply
            August 18, 2009 10:22 AM

            But aren't PS3 discs BluRay discs? Removing BluRay video playback wouldn't save any cost, I'd imagine. With PS2 backward compatibility, the extra components might've cost a little extra.

        • reply
          August 18, 2009 2:05 PM

          He stared upon his own navel.

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        August 18, 2009 9:48 AM

        Yes, that is exactly what they will do. You and Sony must be like BFFs to get this kind of insight and oh god, I'm not in the latest chatty. MUST RETURN TO SAFETY!

    • reply
      August 18, 2009 9:36 AM

      Has always been fine for me. Not sure what could go wrong with it, really?

      Oh shit, is my Blu Ray still 1080p?! Oh wait... yes it is.

    • reply
      August 18, 2009 9:36 AM

      its very gewd... + fat princess :P

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      August 18, 2009 9:36 AM

      Not only is the blu-ray playback rated in the top 3, but the DVD upconverting is amazing as well. I can tell you from 2+ years, it really makes everything look amazing! Now I also have a 52" 1080p full HDTV, so I can really see any imperfection. I love the upconverting, but that's mainly used by the wife and kids. I strictly rent/buy Blu-rays now.

      And when I say upconverting, I mean the PS3 plays a normal DVD @ 480 standard resolution and upconverts it to you output setting (720p, 1080i or 1080p). All HDDVD & Blu-ray players do it, but none do it as well from what I've personally seen.

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      August 18, 2009 9:36 AM

      Yes, it's great.

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      August 18, 2009 9:39 AM

      i'm gonna get a new nerd badge if i have 2 consoles though

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        August 18, 2009 9:57 AM

        GO FOR IT!

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        August 18, 2009 10:27 AM

        x360 have a 50% fail rate, so youll only have like 1.5 systems

        • reply
          August 18, 2009 10:47 AM

          %50? I don't think so...

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            August 18, 2009 11:12 AM

            It's high enough that I can't bring myself to buy one. MS ever comes out with a 'slim' 360 then I'll give it another look - until then no thanks.

          • reply
            August 18, 2009 12:04 PM

            out of the 20+ 360 owners I know, only 1 hasn't got the RROD

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