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Gamescom: Sony Announces Global Price Drop For PS3, $249 In U.S.
Gamescom: Sony Announces Global Price Drop For PS3, $249 In U.S.
August 16, 2011 | By Kyle Orland

At Sony's Gamescom press conference today, Sony CEO Andrew House has announced an immediate, global price drop for the PlayStation 3, making the system more affordable in Europe, Japan and the United States.

The system is now available for $249 in the U.S., placing it at the same price as the upcoming PlayStation Vita that was announced at E3. The PS3 will also now sell for 249 euros ($359) and 24980 yen ($325).

The new price point applies to the 160GB model of the system, which recently retailed for $299. The 320 GB model, previously $349, will now retail for $299 in the U.S.

This is the first price drop for the cheapest available PS3 since the 120 GB PS3 slim was unveiled at a $299 price point two years ago, though that $299 model was upgraded to a 160 GB hard drive last year.

"While others in the space are losing steam, PlayStation 3 is gaining momentum and giving gamers everywhere more of what they want: an unparalleled line-up of exclusive games and access to the best in sports, movies and TV, all at a great value," SCEA president and CEO Jack Tretton said in a blog post. "Today, I believe that value becomes even more evident."

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Jorge Ramos
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How about a compromise? e.g. retain a given price, and bring back some of the lost functionality that has since been neutered from units since launch?

If they're already manufacturing their CPU and GPU's on a 40m process, then there's no reason they can't do the same (or better) with the EE/GS chip that allowed PS2 BC. Or bringing back a full complement of ports and readers, too.

A bigger hard disk means nothing if it means losing other hardware functionality. I'm also not the only one with a launch model that is disappointed with our options should our units fail. I personally would wipe my hands of Sony if mine does fail irreparably, and I had no BC model to choose from. I'm sure Sony's response then is "just buy another PS2, then!" well, simply, PS1 and PS2 games on a BC ps3 with even semi-recent firmware, look cleaner and load slightly faster than they do on an actual PS2 - even when using the same video cables. That's reason enough for me to hang on to my BC model.