PS3 Price Drop Now Official: GamesCom 2009

Along with the PS3 Slim, we pretty much expected this one as well. Sony confirmed at their press conference at GamesCom, that they will be cutting the price of their existing Playstation 3 SKU’s by $100.

As reported from Joystiq, the price cut will go into effect as of tomorrow, with all retailers expected to update their listings accordingly. As you will be aware, a few retailers already jumped the gun before Sony’s announcement so we wonder if Sony are planning to hand out some punishment to the guilty parties.

Now that the news is out on the PS3 Slim and price cuts, we can now all return to our normal lives, thankfully. Let us know your thoughts on the price cut.