Sony confirms UK PS3 price drop and new 40GB Model
Sony has confirmed that they will be launching a 40GB stripped down version of the PS3 which will go on sale for £299 (about $600).
Sony also announced a price drop on the standard 60GB version, which will continue to be sold alongside the new model. The current Starter Pack, which boasted a 60GB PS3, two first-party games, and two Sixaxis controllers, will be discontinued.
It will be replaced by the new Value Pack, which will feature a backwards compatible 60GB PS3, one Sixaxis wireless controller, two first-party titles, and will cost £349 (about $712)–a £76 (about $155) price drop from the current price of £425 (about $868).
via Gamespot
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The cut down version is kind of tempting although I dont like that it wont have any backwards compatability. I think I will wait till the full version drops to £250 in a year or 2 or more maybe.