So the PS3 Slim turned out to be announced today, as earlier rumored. Along with the news comes an immediate $100 price drop on both existing systems, with the 80gb dropping to $299.99 and the 160gb dropping to $399.99. The Slim will debut the first week of September and will also carry the $299.99 price tag. The technical differences between the Slim and the Fat are few and far between, the Slim keeps the same features such as Blu Ray, WiFi, and upgradeable hard drive. Read More...

The PlayStation 3's price that is. While North America might not see a price drop til September 8th, prices of Sony's oft-maligned console have fallen €100 across many European stores. The PlayStation 3 Slim may be coming and this may be a way of attempting to clear out current inventories of old dusty 80gb's. That said, an upcoming ad in a recent American retailer (who shall remain nameless) states that the price of the 160gb PS3 will drop to $399.99 raising questions as to where the hell the price of the 80gb is heading. Read More...

The PS3 Slim is a reality, and it's getting closer and closer to happening, at least according to the latest rumors. Gamescom is taking place later this month, and Sony will hold its conference on August 18th, which is when the PS3 Slim is rumored to be debuted. The rumored release date is September 2nd, but the more important thing, is that the price is allegedly going to be €299.99, which depending on what country you get it in, is €50-€100 less than the current 80gb model. Whether the North American or Japanese release date/price would be announced as well is remain to be seen, however making an announcement for only the European region seems odd. Read More...

Rumor: Europe Might Be Getting A Xbox 360 Price Cut So yesterday I talked about how and why the PS3 might get a much needed price slash. Now it turns out that the Xbox 360 might be getting one as well. The big difference in these two stories is that this one seems more like a fact than a rumor, unlike the PS3 report. This should go into effect some time before the Easter sales period and it is reported to be a 50 EUR drop down on all systems. Making the ranges of the systems down to 150 EUR for the Arcade Version, 200 EUR for the Premium, and 240 EUR for the Elite version of the system. Read More...