Sony has quietly released the 12GB PS3 into American retailers. With no press release, no commercial, and no PlayStation.Blog post, the latest (and cheapest) PS3 SKU is now available for $199.99.
As CVG points out, retailers like Best Buy and Target have the 12GB SKU on sale. However, as we've previously pointed out, the upcoming GTA5 bundle is a better deal for anyone looking to get a new PS3. For $70 more, that bundle includes a 500GB system and a copy of the game ($60).