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Cheaper Playstation 3 coming to US next month

New Sony Playstation 3 40 gb $399
Sony Corporation has announced a new cheaper Playstation 3, and a price cut to it's existing 80 gigabyte Playstation 3. Effective immediately, the 80 gigabyte Playstation wil now cost $499. The new Playstation 3 with 40 gigabyte harddrive will go on sale next month for $399.

Even after a price cut and a new cheaper version, Playstation 3 is still more expensive than Nintendi Wii($250) and Microsoft XBox 360($350)

PLAYSTATION(R)3 40GB Specification

Product name: PLAYSTATION(R)3
CPU: Cell Broadband Engine(TM) (Cell/B.E.)
Sound: Dolby 5.1ch, DTS 5.1ch , LPCM 7.1ch, AAC
Memory: 256MB XDR Main RAM, 256MB GDDR3 VRAM
HDD: 2.5" Serial ATA 40GB
I/O: USB 2.0 x2
Communication: Ethernet X1 (10BASE-T, 100BASE-TX, 1000BASE-T),IEEE 802.11 b/g included
Bluetooth: 2.0 Included (EDR)
Wireless controller: (Bluetooth) Included
AV Output: Screen size 480i, 480p, 720p, 1080i, 1080p, HDMI OUT x1 *3, AV MULTI OUT x1, DIGITAL OUT x1, (OPTICAL)
BD/DVD/CD Maximum Read Speed BD 2x (BD-ROM)
Drive: DVD 8x (DVD-ROM), (Read Only) CD 24x (CD-ROM)
Dimensions: Approximately 12.75in(W) x 3.86in (H) x 10.8in (D)
Weight: Approximately 11 lbs


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