SONY CONFIRMS PLAYSTATION 3 PRICE DROP, ANNOUNCES 80GB SYSTEM BUNDLE

In a post over at PlayStation.blog, Sony Senior PR Manager Patrick Seybold confirmed the rumored PlayStation 3 $100 price drop and took the opportunity to announce that Sony will be making an 80GB model of the PlayStation 3 available with a bundled copy of MotorStorm for $599 starting this August.

"…we’re introducing a new PS3 model with a 80GB hard drive which will include a free copy of MotorStorm, all for the retail price of $599. This 80GB package will be available starting in August, just a few short weeks from today. The larger hard drive will give players more of an opportunity to take advantage of all the downloadable games and trailers on the PLAYSTATION Network, including the content from our forthcoming download service which will include videos, movies and other entertainment content.

In addition, as some of you speculated last week, we confirmed today that we are lowering the price of our current 60GB PS3 by $100, to $499, effective immediately in North America. I know many of you were eager to hear this and we’re thrilled to share this with you now as we head into E3." – Patrick Seybold

While I believe the price drop was an absolute necessity for Sony, I’ve got to question the wisdom of this new 80GB SKU. In essence, what Sony is offering here is a copy of MotorStorm ($59.99) and an extra 20GB of hard drive space for $100. It just doesn’t add up – why not just buy the 60GB model for $499, a game of your choice at $59.99 and keep the rest for another purchase.

One big question being repeated by commenters over at PlayStation.blog is whether the 80GB SKU will include the PlayStation 2 Emotion Engine chip or rely on software based emulation for backwards compatibility. We’ll be sure to keep you updates on any additional information about the new SKU as it becomes available. Personally, I’m still keeping my fingers crossed that Sony will throw early adopters some kind of bone to make up for the price drop and lack of titles available.

• New PS3, New Price Drop & More News Coming – PlayStation.blog