The Sony PS3 is long overdue for a price cut and a diet. As their competitors have lowered prices to cope with sagging sales in this economy, Sony has remained steadfast in their pricing time and time again denouncing rumors of price cuts and a slimmer more energy efficient PS3. However, a lucky FYE worker has managed to hit the mother load. The Kotaku reader apparently received some promotional flyers for his store that included two very juicy bits of information.
The first bit of good news states: “New Low Price” with the tag teaming second sentence reading: “New and Exciting PS3″. So, the 80GB and 120GB PS3 are presumably getting price cuts from $399 -> $299 and $499 ->$399 respectively. The “New and Exciting PS3″ wording potentially reveals that the PS3 slim rumored about for what seems years now may finally be getting its grand revealing. Further backing up these claims is a front page ad by Kmart with the exact same claims of low price and a new exciting PS3. Sony is supposed to make press announcement of some sort at the Cologne Gamescon Expo that starts at 12 noon (EST) today. Could this be the day we’ve all been waiting for?
**UpdateKmart now has a PS3 slim model available for pre-order as does Sears. The rumors seem to be coming true. So ya think Sony is going to announce it today?
**Update 2Cat’s outta’ the bag. Sony has just announced the PS3 Slim which will consumer 34% power and take up 32% less space. Yippee!
Source: Engadget
![[Kmart ad]](http://c.kmart.com/081320/ue/home/Kmart-HP_081809_liq_SL1.jpg){kind=link}
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