Sony announces new PS3 Slim

We know, we’re as shocked as you are! Sony has used the GamesCom stage in Cologne to announce the oh-so-tiny PS3 Slim. The good news is that the system sports both a slimmer form factor (33 percent smaller, 36 percent lighter and 34 percent less power use) a 120GB hard drive and the tidy price tag of $299. It boasts all the same features as the current PS3, which means still no backwards compatibility with your PS2 games.
Now there is no reason not to buy a PS3 this holiday!, unless your broke >_< ouch..
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