Need 
a PlayStation 3 and have absolutely no interest in downloadable games? Sony has a new hardware bundle that might be right up your alley.
A newer, cheaper version of the console has hit the shelves of the company’s U.S. online store, but it comes with restrictions. The $199 PS3 represents a savings of $70 or more off the typical model, though it packs significantly less memory.
Just 
a few short weeks ago, it seemed pretty clear how this holiday season was going to shake out for the video game industry – on a few fronts at least.
The long drought of mediocre titles would be replaced with a steady stream of AAA hits. Nintendo would roll out the first next-generation console system. And Microsoft and Sony would battle the Wii U with the best tool at their disposal: A price cut.
Then came Wednesday’s pre-TGS Sony press conference – and all hell broke loose.
Sony, 
it seems, thinks you’re not a big fan of price cuts. Or at the very least, they think you’re tired of trying to figure out where the real bargains are.
With this week’s unveiling of the Super Slim PlayStation 3, pretty much everyone thought the company would slash prices on the current, uh, “fat” model to help clear space on shelves for the new hardware.
As Sony cuts the price 
of the PlayStation 3 for the first time in two years, Gamasutra editor-at-large Chris Morris looks at the ramifications the move might have on Xbox 360 and Wii.
So the PlayStation 3 price cut we all suspected was coming at some point this year has finally been announced, and immediately implemented to boot. Now things are going to get interesting.
Sony’s $50 reduction, positioned as the exclamation point to their Gamescom press conference, will have reverberations throughout the industry over the next couple of months. Let’s take a look at some of the ripple effects.
The 2011 holiday 
price wars have begun.
During the Gamescom event in Germany on Tuesday, Sony cut the global price of the PlayStation 3 from $299 to $249, positioning the company for a tremendous holiday season. The price drop is effective immediately.
Chris Morris: Journalist 