It’s been rumored for quite a while now and Sony has finally come out with the details. At Gamescom in Germany, Sony announced the 120GB PS3 Slim will hit stores in September for a price of $299. The new PS3 Slim will be 36% lighter, 32% smaller, and use 34% less power than the standard Playstation 3. As for the price cuts, starting tomorrow, the 80GB PS3 model will be $299 and the 160GB model will fall to $399. Jump after the break to see Jack Tretton show off the new system.
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