Hallelujah! PS3 Price Cut!

G4TV has announced some great news!

Well, it’s official. After months of speculation, and persistent denials, Sony has revealed that starting tomorrow the 80GB PlayStation 3 will be available for the low, low price of $299, and the 160GB model will now be $399.

Sony Computer Entertainment CEO Kaz Hirai made the announcement during Sony’s GamesCom 2009 press conference, during which Hirai also revealed that that the long rumored and highly anticipated PS3 Slim will also be available for $299 starting the first week of September.

Now this is news that I've been waiting for. The question is should I get the 80GB PS3 (below) or get the Slim (above) in 2 weeks? Well according to ElectricPig, the slim version is smaller, lighter, and has a 120 GB Hard drive. Slim Wins!!!!