Today at Gamescom, Sony announced that the PlayStation 3 was headed for a price drop. The system will now retail for $249.99, 249.99 Euros and 24,980 Yen. That is a fifty dollar price drop from the original price of 299.99. I am not sure when this price drop will take affect, but one would think it should be almost immediately.

If you have been waiting to pick up a PS3 than I suggest you do it now ahead of the exciting games to be released between now and the end of the year because this is a great price for a gaming console that just happens to have a Blu ray player! How many people out there don’t have a PS3 and are now going to buy one because of the price drop?

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This article was first posted on August 16, 2011