yes im most interrested in PSN games so this price cut is gonna help for sure, also less heat = less noise so this is definatly an upgrade.

also

FIRST!

After many months of Sony saying there was no price cut in sight, finally a breather for PS3 fans.

About time they dropped the price. I can honestly tell you while the new price is attractive for once. I will still wait until the PS3 has games worth buying. At the moment the only games on the system that I would buy are ratchet and clank and maybe the Drakes Fortune (forget the name of the series).

Sony has really let me down with RPG's this generation. Thankfully Micrsoft surprised the hell out of me. I will buy a PS3 sooner or later though for Versus XIII if they don't decide to make that 360 as well.

I'm no longer interested in a PS3 because my i7 is being shiped to my house as I speak...

Yes, because that was the number one complaint for the PS3, "It's too damn thick!". I'll definetly get one now that it fits on my shelf.

goooo 299 good web server or file server with some HDD modding!

So how are they going to price the non-slim PS3? What I've read says it will be $299.99. How in the world are they going to clear stock trying to sell it at the same price as the slim? Maybe $250? Only thing I care about is now I'll be able to get one even cheaper off of craigslist.

Previously I was among the most adamant in bashing the PS3 for it costing too much, but at this price I will be rethinking that stance. At $300, it is competitive just as a networked bluray player! Add in the gaming capability and I think this is a good deal.

Being a Final Fantasy fan, I am glad that I can reasonably get a PS3 (which is not coming out for PC, and its looking grim for a future port) for the upcoming FF13. Killzone 2 and MGS4 are also games I would like to play...

However, I will be waiting several months to make sure there are no hardware bugs. As good as a deal I think this is, I do not trust Sony.

Any word on backward compatability?

Nice conversion rate Sony 299$ does not equal 299euro!

Pretty cool since the original PS3 is a boat. $299 though, that still costs almost 2x as much as an xbox arcade but comes with a hard drive hmm..and with microsoft tax on hard drives I guess maybe it's about the same. Hopefully this will cause microsoft to lower prices on their drives. All their drives are a piece of plastic surrounding a sata 2.5" hard drive, nothing special. I still prefer xbox360 over ps3, I doubt I'll buy one at $299..maybe of it was $199.

Hmm, anyone ever see people linking these things together to compute on-the-fly ray tracing? Pretty neat. Maybe they can utilize the smaller size and price and hook more up. Look it up on youtube.

PS3? aw heck, where's the PS4!?!?!

lol why am i getting thumbs down ... it clearly says

"It's slimmer and cheaper, but no more PS2 compatible."

thats why that guy is dumb.. for not being able to read the subtitle of the article.. geeez.

Probably got -3 because you called someone dumb. I'm just guessing though... Might want to try to answer the guy's question instead of calling him dumb I guess. I think there was some article talking about backward compatability a month or two ago to come back but I'm not sure. I wouldn't count on it. I wonder if the ps3 upscales ps2 games good enough. They sure look like garbage on my HDTV. Dreamcast looks fine though but it runs at 480p or something native. Plugged into vga.

I really don't like the design, but it's not about the design right? Saving money on energy is a plus and some of the users can now fit their PS3 in their entertainment system. I don't have that problem plus I don't play mine enough to save energy. But I'm glad that Sony finally surprised everyone with this price cut. That should get a lot of people off of their backs now.

In and of itself, the price tag is good enough for me, but I really don't want to buy a PS2 separately...ever. Though I appreciate Sony's probably put a lot of effort into making this financially feasible and competitive...personally I'd happily pay $50 more to get BC with the PS3's upscaling as well.

Maybe I can find an old one used that has BC and upscaling for something reasonable by now. I wouldn't care if the HD is only 60GB or whatever it was.

Damn, they drop the price and now I have other plans for my money

its not like the recent ps3 models have been backwards compatible with ps2 games anyway! only the first series models were. but thumbs up to sony for actually getting serious in competing with the other consoles from a value point of view...finally

who really cares about the vastly inflated blu-ray when you have the cool cheap DVD upsampled properly.

To the guy who mentioned the Euro conversion rate, (I noticed too, except I live in UK so it might be even worse),

299 Euros = 422.76 U.S. dollars.

Why!?

299 euros and $299 US? does that mean europeans are getting ripped off? well I hear their games cost a lot more than ours anyhow.

well I guess we canadians are winning here then : 299$ ca is 271$ US so we pretty much pay less for ours

Actually the Japanese who is being ripped off ?
Why ?

First, 29980 yen = 316 USD. I know $15 doesn't seem much but ...

Second, Let's say that the actual cost plus profit of this thing is N, then N = $299 - X, where X is shipping cost plus imported tax (from Japan to USA)

So they should sell this thing in Japan at N, so they ripped off japanese people as much as $15+X

The value of X for Europeans may be significantly higher than for USA, after all the distance from Japan to Europe is longer than to USA and the imported tax is possibly higher too.

So N+X for Europeans is probably is at 299 Euros (plus minus)

1€ is not equal with $1. Bloody stupid policy if they keep it in 299€..

K-mart, Good Job!

and +1 for net rumours.