40GB PlayStation 3 Official. November 2nd, $399.
"We're pleased to offer the consumer a lower price point without sacrificing the core technology components that make PS3 the most advanced high-definition entertainment system available. Every PS3 comes with a Blu-ray drive, HDMI output, an integrated Wi-Fi connection, Cell Broadband Engine and a built-in hard-drive," said Jack Tretton, President and CEO, SCEA.
"This holiday season we'll be able to offer attractive retail pricing with a broad portfolio of outstanding games including Ratchet & Clank(R) Future: Tools of Destruction(TM), THE EYE OF JUDGMENT(TM), Uncharted: Drake's Fortune(TM), Heavenly Sword(TM), Call of Duty(R) 4: Modern Warfare, Assassin's Creed(TM), Haze(TM) and RockBand(TM)."
Of course the only drawback to the 40GB PlayStation 3 unit is that it will no longer play PlayStation 2 games (but will play almost all PlayStation 1 games). You're most likely one of the 120 million PlayStation 2 owners, so perhaps this doesn't concern you as much. But if it does, you can always opt for the 80GB PS3 which will play your older PS2 titles.
10/18/2007 Arnold Katayev