mkiiina writes "Unless you have been living under a rock for the past few months you have heard some of the rumors about the possibility of a new PS3 Slim and a possible price drop. Ars Technica's mole had hinted that these things would come to pass in August or September and today in Cologne Germany, the worst kept secret was officially confirmed. New PS3 Slim (80 GB) $299 and an immediate (8/19) price drop on current 80 GB PS3's on shelves. The 160 GB units will retail for $399, more than likely in a bundled form. http://content.usatoday.com/communities/gamehunters/post/2009/08/sony-playstation-3-price-cut-/1"