Shipping to retailers now, the 320GB model occupies the pricepoint previously held by the 250GB model, $349.99--$50 more than the 160GB model and $50 less than the Move bundle. It comes barebones so you'll be able to pick and choose whichever extra controllers, cables and other gubbins you want.
In comparison, the beefiest model of Microsoft's rival console the Xbox 360, which packs a 250GB hard drive, is priced at $299.99.
So wait... if the 320GB is gonna be $350, then which other version is getting knocked out of sales?
A pertinent question because we all know the lowest PS3 price point won't go down.