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$399 PlayStation 3 Coming, But It Won't Play Old Games

by Tim Stevens on October 18, 2007 at 09:44 AM

$399 PS3 Officially OfficialWe knew it was coming. We really, really knew it was coming. But you can never be quite sure of these things until the company itself confirms, and that's exactly what Sony has finally done. The consumer electronics giant has announced that the U.S. is officially going to get the new 40-gigabyte PlayStation 3 model on November 2 priced at $399.99. The model forgoes PlayStation 2 backwards-compatibility in favor of a cheap(er) price, but still comes in $50 higher than the most common version of Microsoft's Xbox 360, and $150 more than Nintendo's Wii (assuming you can find one).

Considering this more affordable version of the console also has Blu-ray playback, we think that the PS3 is finally starting to be a value proposition.

Sony also announced that the current 80-gigabyte PS3 model, which will still play PS2 games, has seen a price cut down to $499.99 from $599.99. What remains to be seen is whether the 80-gigabyte model will stay around or is actually being put on clearance and sent out to pasture, like the recently retired 60-gigabyte PS3 model in Europe and the earlier 20-gigabyte model here.

Confused by all the versions? We are, too, though we were actually kinda hoping that one more version -- the ivory-colored PS3 hitting Japan shortly -- would make its way to the U.S.. That still hasn't been mentioned for a U.S. release, and we think you can figure out what that means -- no snowy PS3 for Christmas.

From Reuters

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Tags: PS3, Sony

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