Kaz Hirai has just announced from GamesCom the eagerly anticipated PS3 Slim with a 120 GB Harddrive @ $299 US, 299 EU (£249 for the UK) & 29,980 YEN available September 1st 2009 worldwide. It's 32% smaller and 36% lighter than the standard PlayStation 3, as well as uses 34% less power. It loses it's OtherOS feature but gains Bravia Sync so when it is connected via HDMI you can use your TV's remote to control the XMB and when you power off your TV it auto shuts off the PS3 as well.
The price drop affects all current models as of right now by $100 (via Sony's EU Blog but supposedly tomorrow the drop kicks in for the US). In addition the oft rumored Firmware 3.0 has also been announced/confirmed along with a PSN upgrade which is set to be released Sept 1st 2009.
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