Sony to REDUCE PS3 prices

Ah, competition … it’s a terrific thing!  With all the entries into the game station market and the pressure from pricing, Sony will reduce their price structure by 17% for its Japanese release of the PS3 console scheduled for early November.

With the 20 GB slated to be priced in Japan at $429, an $85 decrease, it is not know what the US pricing will be.  However, it is anticipated that similar price cuts will follow.

Now we can only hope that they will see the light and drop the prices of the higher end units….

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